Thank you, Mr. Del Mastro. I'd be happy to do that.
I would like to clarify that we're talking about tax cuts across the board for all businesses; we are not just talking about financial institutions. That's where one gets the leverage. As a country, if we are competitive on the tax side, Canada will be looked at favourably for those capital decisions that people make about where they invest their money. Rather than going south of the border or potentially going to third world countries, Canada will be a much more desirable place to invest those dollars.
When they invest those dollars, they build manufacturing plants and get involved with infrastructure projects, etc. That leads to employment. Employment leads to tax dollars. It works, and it mushrooms.
There are examples of other developed countries--I'm not going to mention names--that 20 years ago were in dire financial straits. One of the things they did as a government was to make very, very significant tax cuts to attract that foreign direct investment. The tax dollars they receive today, 20 years later, are phenomenal.
It has a very dramatic impact. It increases employment. It increases investment. It increases the tax base and gives the governments more dollars to invest in other very worthwhile projects that we hear about on the health side, the student side, and on infrastructure.