Thank you, Chair.
Thank you to our witnesses for being here.
I'll focus my questions toward Mr. Dancey and Mr. Baker. To start, I'll pick up on the patent box. Then I want to talk a little bit about tax simplification and about some of the red tape reduction.
With regard to the patent box, I get the idea on what you're trying to do there and the importance of the innovation, the R and D, and those types of things. Can you talk a little bit about how successful that has been in other countries, specifically with respect to what it has contributed to GDP? Do we have any numbers on that? Do you have any numbers on the increase in patents or companies staying within the country, for example, under a patent box theory?