Thank you, Mr. Chair.
I want to thank you, Minister, for being here today. I know your time is very limited, so thank you for appearing before our finance committee today.
I just want to let you know that in the riding of York Centre I conduct numerous round tables—with individuals, with business leaders, and with associations and organizations—and I have heard nothing but praise for this budget, particularly in the area of creating a fair and neutral tax system. The closing of a lot of the tax loopholes has been met with a lot of praise, as has the extension of the accelerated capital cost allowance, because people recognize the stimulative effect of the ACCA. It's very beneficial to business. Also, certainly, on the super credit for first-time charitable donors, a lot of people see that as encouraging, trying to create a culture of younger people donating and getting into charitable giving.
I want to talk to you specifically about the price gap between Canada and the United States. You indicated in previous answers about the Senate and their study that they seemed to reach the conclusion that it was largely a result of tariffs. In the budget, you have taken the initiative of lowering tariffs on a number of important items, including baby clothing and sports equipment. As the father of twins, I thank you, because I have to buy everything twice, so the baby clothing and the sports equipment initiative is much appreciated.
But let me just ask you this. This is a test case, which you have indicated. How will those prices be monitored going forward—