Thank you, Mr. Chair.
I thank the witnesses and welcome them to the committee.
Mr. Carney, you indicated that private investment was an extremely important factor driving the recovery. I concur with that. You are no doubt aware that our government committed to reducing the corporate tax rates to 15% by 2012. Yesterday, we heard from representatives of the Canadian Bankers Association and the Conseil du patronat du Québec. They stated that the reduction in corporate taxes was a very effective way to spur private sector growth, investment in private companies and job creation.
Do you share that opinion?