Okay.
I would like to move to Finance.
It seems that Finance is implicated in the discussions on why we haven't been able to move forward on heritage conservation in Canada over the last 15 or 20 years. I would like your thoughts on some things.
In your testimony you talk about the socially beneficial behaviours. You say “it endeavours to achieve this at the expense of another desirable goal-—raising revenue”. We've heard through our previous study that we've been doing and again today this idea of the tax credit actually returning more than is being forgone to the government. The numbers are anywhere from a dollar forgone in revenue through the tax credit to a $1.25 indirect tax credit and also generating up to 5:1 in economic activity.
I'm curious as to how you do the math whereby you say that we're forgoing revenue? Help me understand Finance's perspective on this.