Although the competitiveness point Mr. McKay raises obviously requires a subjective evaluation, it's fair to say that the principal purpose is to reduce the tax obligation. I think that's prima facie, right? To reduce the tax obligation is why the money's flowing there, correct? It would follow, then, that a way to address this would be to reduce the corporate tax rate. Wouldn't it be a fair assumption that the balance between...? Actually, I think you said in response to the Auditor General's previous comments at various times--and the finance department has as well--that it's the slope of the high tax rate in our jurisdiction relative to others that causes the flow of capital to the low-tax jurisdiction.
Isn't that a fair observation?