In my opening my remarks I mentioned how surprised I was when I was in the lock-up and found that as a key theme in the last federal budget.
The steps taken were welcome, but they were initial steps. We're suggesting in our brief another $10 billion of loopholes that we feel are not fair and are not effective. I'm not saying every loophole should be eliminated, but every one should be examined. Those that are not fair or not effective should be eliminated, and doing that would make the tax system fair and would raise a lot of revenue as well.