Thank you very much.
Never let it be said that I would complain about you exceeding our request on corporate tax rates. We recognize very strongly the efforts you have made to improve our global competitiveness.
The challenge with broad versus specific tax measures, a broad CCA acceleration versus something more targeted, always runs into the problem of how you define the classes. It's also something that biases potential investment one way or the other. The government's long-stated intention has been to be neutral in terms of favouring one form of investment over another. I am not a tax expert, and I would certainly refer to experts in the field in terms of discussing how you define that.
The challenge with research is how to foster research that encourages investment, because while the research is very useful and very beneficial to academic knowledge and the growth of knowledge, in terms of looking at it as a tax expenditure that the economy is making, if all it does is generate research, then it's not necessarily giving you as big a payback as research that fosters investment. Again, I am not an expert in research investment, and we can refer that to others in our industries.