I'm going to take the next round.
I want to follow up on this debate on whether it's better to implement a stretch tax credit or whether it's better to move to one credit.
When I asked Imagine Canada about it, their response was essentially the same as yours, Mr. Burrows, which is that you're not going to incent any more behaviour, and you're going to add a lot of additional fiscal cost to the government.
In your statement, Mr. Waters, you clearly said that BMO's economic department has said that it would encourage giving from more modest donors. Are you sort of disagreeing with one another? Or are you saying that it would have some modest impact in terms of smaller donors but wouldn't have much of an overall impact in terms of changing charitable behaviour?