Thank you, Mr. Chairman.
I want to come back to the transit pass piece. It's very important to my riding in Burlington. I want to be clear so that when I'm communicating with my constituents once this has passed, I can say what is happening.
Right now a GO train pass from Burlington GO train station to downtown Toronto on a monthly basis is $247, which comes out to about just shy of $3,000 a year--$2,964. If I'm reading this correctly, which I need verification for, they're able to apply a tax credit of about 15.25% in 2006 and 15.5% in 2007. Am I reading that correctly? Can somebody tell me if that's accurate?