The case has been made that this will somehow impede Canadian multinationals from being able to make strategic investments that will impede their growth, that it will cost employment, that it will cost foreign investment in Canada. Does any of this hold water? Do you feel that is the case? Ultimately, if none of us paid taxes, we could all spend more money, but that would hardly support our social safety net.
Do you feel this argument is legitimate, or are we hearing a lot of huff and bluster from Bay Street?