Thank you, Mr. Chair.
Good morning to all the witnesses.
First of all, I have a question for Ms. Litzenberger or Ms. White. In your recommendations, you both asked for the tax credit to be increased to 39% from its present 29%. On the first $200 of charitable gifts, it is 15%. This is clearly a major source of funding for the arts, as Mr. McKay said.
Have you costed it out? Would it not be preferable, a better source of income for the arts, to instead ask for an increase in the credit on the first portion, say, an increase from 15% to 25% on the first $200? Would that not be of greater benefit to the arts? Would it not get more people participating?