That's simply not accurate. I mentioned dual citizens. As just one example, let's say an honourable member retires after years of good service to their country, and you take a six-month contract in New York City with a consulting service, let's say. It's a wonderful job opportunity. You're issued a green card, a work visa. You cross the border. But before you make that decision as a green card holder, when you return to Canada you'll be subject to this reporting regime. It's only a six-month contract.
Do you want, as Mr. Reed indicated, to hire an accountant, a U.S. lawyer, and so on, to get you into compliance? Even U.S. tax lawyers don't agree on how this works, but it may run for the next eight years. That's thousands of dollars every year. Just that one element is going to inhibit cross-border mobility.