Thank you, Mr. Chairman.
Good morning to all the witnesses.
I have a first question for Fraser Young.
I find the project you refer to a little complex. It may be feasible, but abolishing the GST for a new vehicle, for a used vehicle, an exchange with a person who has a lower income for a used vehicle... Ultimately, the condition is that a vehicle over 15 years of age is retired.
Who will manage that kind of program? Don't you think the administration of that program will increase bureaucracy, which, eventually, could completely cancel out the savings achieved? I find it complex, but you've studied the model enough for it to be feasible. I'd like to hear what you have to say on that, please.