Thank you, Mr. Chair.
Mr. Page, I certainly appreciate the work of you and your staff. You offer Canadians a view of government policy in a very distanced way. You stand back and you take a very interesting view of things. And at times I think you find yourself somewhat in conflict with the government of the day, but that's healthy. That puts us in a position of better understanding. And as I said, I thank you for that.
Over the last 10 years, and in particular since this government took office in 2006, there have been significant reductions in the corporate tax rates. We went from, I believe, 20% to.... We're headed for 15%. From my understanding, that's taking about $16 billion out of the fiscal capacity on a yearly basis.
You mentioned structural deficit. Do you see that contributing to the structural deficit?