Yes, and to explain it, let me give you an example. I will try to make you understand how completely distorted the system has become.
For instance, Canadians could use all the tax mechanisms Canada has to start up a multinational. During the lifespan of the multinational, their effective tax rates will be very low. When they want to sell their shares, say for $2 billion, they could decide to invest $1 billion in a private foundation. As a result, they would pay no taxes because of the tax credit. In addition, when they retire, they would become a major—