I believe that if our chair doesn't show up twice in a row, we should have this chair permanently.
I want to give a bit of a history lesson here to our folks across the way. In 1927 in Hamilton, the Chamber of Commerce and the labour movement started the United Way there. I served about 25 years in association with them. During the 1980s, we had to sort out where we were going to place our donor dollars, because government was backing away from a lot of the areas it had traditionally funded. That was a very trying time, because that was when we were getting our first food banks. As we all recall, everybody told us they were a temporary measure. Well, that temporary measure has gotten out of hand.
Imagine Canada was before the committee and made a couple of statements that I think should be referred to again. It expressed concern about the impression that charities and non-profits are not accountable for public money. I think they're very accountable for public money, and that needs to be stated again for the record, because it is very important. There's a kind of cloud that hangs over some agencies because of media reports and questions about how much of the donor dollar goes here or there. I want to commend you all for the work you're doing, because I think it's significant. You're important to Canadians.
Ms. McManus, I have a very specific question. What do you believe are the overall effects of the elimination of capital gains on donations of publicly listed securities?