What I like about the revolving fund is that it's neither a grant nor a tax credit; it's just a pool of money made available that gets repaid as people renovate. Thank you.
This is the last question I have, and perhaps I disagree with John somewhat about this, but the idea of the tax-exempt status for employer-provided transit is something Parliament dealt with. Nelson Riis, my NDP colleague, had a bill to that effect that passed all stages—one of those rare private members' bills that Parliament passed and approved and endorsed. We didn't get that; we got the current tax credit that you get after the fact. There's a current bill in Parliament today—it's exactly Nelson Riis' bill—put forward by my colleague Denise Savoie. It's percolating through Parliament. I hope the other members have a serious look at it and can see the difference between what we're proposing and what Parliament ratified and what the government of the day gave us, which is no comparison really. The rewarding of existing behaviour doesn't do anything to encourage more people to use transit. So as a tax-exempt employer benefit, it's treated the same way other payroll is, I presume. All wages are tax exempt for an employer.
Is that where it would fit into the tax system?