Good morning everyone. I am extremely pleased to be here with you, in Edmonton.
My first question is for Mr. Kobly from the Alberta Chambers of Commerce.
You made recommendations on threshold limits that have practically never been reviewed. You are recommending setting the “small supplier threshold” at $75,000. It was introduced at $30,000 in 1991 and has not changed since.
What is the figure based on? Is it an arbitrary number? Are there studies proving that a $75,000 threshold is preferable? Why not $100,000?