Thank you very much to each of you for appearing before us.
To one extent or another in both panels this morning we heard from witnesses who presented, on behalf of their organizations, specific proposals on the tax system. Earlier in our hearings, this round of pre-budget consultations, we heard from the Certified General Accountants or CGA Association of Canada, who are advocating broad-based tax reform in Canada and have called on the federal government to commence a thorough study of our tax system with the hope of building a more competitive Canadian economy and a fairer tax system.
We haven't had a real study of the tax system since 1971 with the Carter commission, which, among other things, eliminated the inheritance tax and brought in capital gains tax.
I'd be particularly interested in terms of the business organizations here. Would you advocate that one of the recommendations of the committee be that the government mandate a thorough study on the potential overhaul of the Canadian tax system in general and look at all aspects of the Canadian tax system?