Sure. The simple fact of the matter is that bigger in this case is not better with the tax code. It is burdensome, for small business in particular, to wade through the complexity that is the tax code. There is a matter of updating the way business is done, which the original tax code does not contemplate. It simply doesn't address the challenges that small businesses face.
Last year we came to this committee and we asked...I believe the wording we used was for an expert panel. The feedback we got from some of your colleagues, from businesses, from some of our members, was that it didn't go far enough.
We really need to take a deeper look, despite the fact that it's going to take some time and require some significant resources to accomplish. It's a matter of global competitiveness for the Canadian economy. It's a matter of ensuring that small business is able to flourish and not be dragged down by a complex tax code.
It's interesting to note that all three of these policies, which were developed by the Edmonton Chamber of Commerce, were adopted by the Canadian Chamber of Commerce at our annual general meeting in Hamilton a few weeks ago.