I wanted to go back to the HST, and I'd be happy to entertain comments from both.
We had testimony provided last week--testimony I happen to agree with--that it's not even how much tax you collect sometimes, but how you're applying the taxes. You talked about Ontario and provinces that don't currently have a value-added tax moving to a harmonized sales tax. There's no reason Ontario has to necessarily take a hit in moving to an HST. What we're really talking about is changing where we're applying the taxes to create a more competitive tax scheme overall.
Wouldn't you agree with that? Isn't that the incentive for Ontario, or provinces like Ontario, to move to a VAT--that it's more competitive overall?