Thank you, Mr. Chairman.
Welcome to our witnesses. I'll try to keep my questions short and allow the witnesses time to answer.
Mr. Russell, you've made a number of recommendations, one on the impact of a lower capital gains rate for small businesses, one on CPP and EI taxation of employer and employee contributions, specifically in RRSPs, and the other on a small business financing incentive program. All of them, I think, are worthy initiatives and deserve some discussion and have merit.
The challenge, of course, is that in this economic climate and at a time of fiscal restraint, it is difficult to look at all of them. If you could pick one of those three points, which one do you think would be the most responsible and reasonable to implement at this time?