Seeing no objection, then, at 5:00 p.m. we will return to the motion.
I want to welcome officials from the Department of Finance. Welcome back to the finance committee. It's a pleasure to have you back.
Colleagues, I will proceed, and we will do rounds of questioning as we normally do. I will start with NDP, Conservative, Liberal, Conservative. We'll have five-minute rounds. We'll deal first with part 1, the amendments to the Income Tax Act and related regulations.
I'll ask our officials if they wish to make an opening statement with regard to this part of the bill.