Thank you, Mr. Chair.
I'm delighted to see all of you here this morning.
I would like to begin by commending Mr. Moody on mentioning Adam Smith, and I would highly recommend The Wealth of Nations to my friends in the NDP. It's not only far more enjoyable reading, but far more practical reading than the Marx and Engels reader. I would encourage you to head to your nearest bookstore and pick up a copy.
Conceptually speaking, this bill is about tax fairness, as you have indicated, Mr. Shillinger. Since 2006 our government has closed about 50 tax loopholes, and as a result we have been able to bring in about $2.5 billion more annually.
I put this to Mr. Boehmer first. Could you comment on this bill more as a bill trying to achieve tax fairness and tax consistency and stability in the marketplace, as opposed to just a run-of-the-mill tax bill?