Thank you, Mr. Chair. Firstly, I want to begin by thanking everyone who is helping us to contribute to the report, which will serve as a thoughtful piece in preparation of the next budget.
I will begin with the witnesses from the Canadian Home Builders' Association. Your submission provides an excellent, very rigorous, and very good explanation of the effects of sales taxes on home construction and sales in Canada. You have forewarned us of certain exemptions and limitations that do not always follow the course.
I, for one, would like to hear you talk to us about something a bit more specific and slightly more topical. At our request, you prepared a document in August 2009. That is why you are here. Since then, we have learned that the Liberal governments of British Columbia and Ontario intend to harmonize sales taxes, which would have a significant effect on the price of homes.
I would like to know if you could put a figure on that and share with us the fruits of your labour.