There are some unusual situations for corporate income tax where corporations may, if you're right on the margin with the U.S., start reporting more profit in Canada versus the U.S. There is really no shift in real economic activity. In that corner solution, they can virtually get their money back from a corporate income tax cut because of changes in accounting procedures, but generally they might get one-third of their money back. Cuts in corporate income tax, when we are head-to-head competing with the U.S., not only in Canada but in the U.S., and in most of those export markets that head to the U.S., it's very important to have a good tax-cutting agenda on the corporate side.
On November 23rd, 2006. See this statement in context.