I just want to highlight two issues.
There's been research by economist Tammy Schirle that has found that the universal child care benefit has had a significant negative effect on women's participation in the labour market. I think this income splitting could have even a more significant negative effect on women's economic participation. That's a very serious concern. My concern is that this is not going to help a lot of families. It's going to deliver more help to families who need it least as compared to the child amount credit that it's replacing.
Another thing that I think hasn't been mentioned and which I would like to highlight is that women have liability for taxes on income that they never receive, right? That's a feature of the pension income splitting, too. That's a very, very serious problem.