Thank you, Mr. Chair.
Thank you all for your presentations.
My first question is to Mr. Woolford. If we look at the bottom of page two of your submission, you say--and I quote:
Although RCC sees greater benefit to Canadians in personal income tax cuts, RCC supports the federal government's commitment to implementing the second proposed cut in the GST rate.
I take it purely as a matter of logic in terms of that sentence that you support the second GST reduction, but if you had a choice between GST cut and income tax cut, you'd go with the income tax cut. Is that correct?