Thank you very much, Mr. Chair.
My first question is for you, Ms. Watts. Thank you very much for your presentation this morning.
Recently I had the opportunity to meet with a constituent to discuss his financial situation. He expressed his desire to see income splitting or joint farming introduced into the Canadian tax system. What struck me the most about the meeting, however, was that right now his stay-at-home wife and his children are, in his words, merely a tax credit. I'm wondering if you'd like to share your thoughts on that comment, and then perhaps just expand a little bit on your recommendation for income splitting.