Okay, I appreciate that.
The issue of business tax reductions is a huge issue, so I want to follow up with Mr. Zurel.
It's often said that this is for the big oil and gas companies and the big banks. But with regard to the corporate tax rate, if your business income is $500,000 or less, you pay the 11% rate. If it's above $500,000, right now you pay 16.5% federal rate and typically a 10% or 11% provincial rate. If your business income is $600,000, you are not a massive enterprise in this country. I think we need to clarify that the larger rate applies, I would argue, to a lot of small and medium-sized and large enterprises. I do want to get your point on that.
As well, I do want to get you to respond to what the Canadian Manufacturers and Exporters said in their January report of this year, that by reducing taxes, being competitive has actually resulted in more business investment, more innovation, and more revenue to the federal government, at least in the short term.