We have Finance officials here. Perhaps committee members are interested in knowing what the revenue implications of this particular form of income splitting are.
Theoretically, at least, I suppose we could recognize that the amount of income tax displacement or loss of revenue on these dollars could be fairly considerable, given the likelihood that the money would be withdrawn in the child's name when they are a young adult who does not have very significant additional income—perhaps summer earnings or part-time earnings. Essentially you'd be taking that amount out of the revenue stream for tax purposes in the adult's name, assuming very likely a higher marginal bracket, and moving it into the child's name, to be withdrawn at a time when there would be very likely little, if any, tax to be paid. You're talking about a major revenue implication here.
I would invite Finance officials to come forward now, if they would.