Thanks.
I just want to point out, on one practical aspect with respect to foreign multinationals, that we literally cannot prevent the double-dip. We can prevent a dip being taken against income earned in Canada through rules roughly like those proposed by the minister. The broader question, though, and it does, I understand, go back to your preamble, is whether we would want to and whether we would want to using rules such as those proposed by the minister. I get very uncomfortable about the idea of raising the cost of capital for Canadian firms.
When Canadian firms expand abroad--I'm not a champion of the national champion model--it makes no sense at all for the Canadian economy to hobble our firms in the international marketplace.