Thank you, Mr. Chair.
I want to say, Ms. Presseault, that the intervention and need for tax reform is clear and should be something—you've intervened previously in our pre-budget consultations—that we take very seriously. Plus, the grey areas in our tax system that are created by this space in time between the introduction in a budget and the actual implementation through legislation I think are very important. This is something that we should consider as part of our pre-budget consultations.
Monsieur Lavoie and Mr. Cudmore, you've made compelling interventions today on the importance of SR and ED. We have with us today Ted Hsu, who is the member of Parliament for Kingston and the Islands and is also the Liberal critic for science and technology and an expert in all things SR and ED.
Mr. Hsu.