Thank you, Mr. Chairperson.
Thanks to all of you for your great presentations. Clearly there's a big divide in the panel in terms of what we do with our limited flexibility in terms of fiscal surplus, and so on.
I would like to raise the general question of a cost-benefit analysis for programs, for investment in tax breaks, as well as government spending. In fact, the Vancouver Board of Trade has basically suggested that there be a cost-benefit analysis of every dollar that is spent in terms of programs, but we don't ever hear any recommendations in terms of tax cuts to corporations, which is also government spending.
I would like to start with David Levi, first of all, in terms of his proposal. It's a modest proposal, but I would like you to explain to us how that would benefit our economy and actually lead to the growth that we all know we need, and more means by which we can actually address day care, housing, homelessness, and so on.