Thank you, Mr. Chair.
Mr. Page, the budget includes measures aimed at stimulating the economy, and these include provisions to reduce personal income taxes, notably an increase in the basic personal tax exemption amount and changes to two tax brackets.
According to your analysis, will these measures be effective to reboot the economy? Can these measures be compared to the GST cuts implemented in recent years? That measure was rather significant, and was equivalent to $12 billion in lost government revenue. Are the tax cuts and GST cuts comparable, or are they different?