Thank you very much, Mr. McKay.
I'll throw in a couple of questions now.
Opponents of the concept of income splitting are using the argument that it may have the perverse effect of reducing labour force participation by couples who are emboldened by the fact that they're able to keep more of their money, and who may decide to stay out of the workforce and raise their own children.
I'm curious about your perspective on this issue. Certainly in the pre-budget process we heard from numerous people expressing concerns around labour force demographics in the future. I'm just curious to know if you hold any credence to the argument that somehow our productivity as a country will be negatively impacted by income splitting.