Thank you, Mr. Chair.
First of all, I have a couple of quick comments. Maybe you could respond, and then I have a more detailed question.
Certainly, I think it's important to go back to these corporate tax rates and the corporate tax rate issue. I think the choice between expansive revenue and lower rates or restrained revenue with higher rates.... We have Finn Poschmann, who says, “There is no reason to expect corporate income tax reductions to put any meaningful dent in tax revenue.” I've also noticed that we've tended to average 12.6% of government revenue over the year, and in 2010 it was 13.9%.
Within your projections you have taken into account the corporate tax cuts. I would assume that you also built into your projections that there is also some added benefit to those cuts, so it was not strictly a take-off to existing...that you also did some projections around how it would actually improve the revenue with new companies coming...? Is that accurate?