Thank you very much, Mr. Chair.
I am going to ask rather technical questions, and I apologize for that. I will address the first one to Mr. Koeller.
When Bill C-13 was tabled, I did not pay too much attention to this tax avoidance measure proposed by the Revenue Department, and I apologize for that.
After reading your document, I realize that, because of the complexity of the bill, we might have missed something important. It might be interesting to have an official from the Revenue Department to explain to this committee all the complexities of this measure. At first, it is a measure to prevent tax avoidance, because the department realized—as I did—there was some abuse with fiscal planning. There might be some unexpected collateral damage, because as we can see, up to half of the bill itself is worded in a way to reflect the need to close this loophole. In any event, I am examining your document.
My second question is addressed to the CALU representatives and deals with individual pension plans. The department cannot simply look at the question of a small business owner's right to an individual pension plan, they have to look at the whole spectrum, and I quite understand that. They have to ensure tax fairness.
Already, private business owners under Canadian ownership—what is called a CCPC—are eligible to a sizable capital tax exemption. They are allowed to charge a rent to their company for their headquarters. They are eligible to income-splitting. So, very frankly, I think that the department is right to impose some kind of limits, if only for tax fairness purposes.
If you look at the whole spectrum of CCPC owners, don't you agree they already have quite a lot of tax benefits?