I'm just feeling the love in this room as we speak.
This matter was convened for a variety of agendas that various parties had. From the Liberal Party's standpoint there was a fairly bald statement in the budget that we were going to eliminate interest deductibility, take on tax havens, ensure tax fairness, and things of that nature. It was a rather less precise statement than more.
Over time the business community started to get a little upset by this proposal and the minister issued a series of clarifications, the latest of which was yesterday.
Presumably when you launch into an initiative of this kind you conduct some form of macroeconomic study. You were in the room when Professor Hejazi made reference to a study he's conducting. I wonder whether the department has conducted a similar type of macroeconomic study that shows not only the losses due to investments in so-called tax havens or low-tax jurisdictions, but also the benefits.
If you have a study, was it made available to the minister prior to the budget, and is it available to this committee?