Thank you, Mr. Chair. You are so generous with your time.
Minister, can you please confirm again because, in my humble opinion, there has been a lot of fearmongering across the country, that these proposals—and I try to emphasize the word “proposals” because that's what they are—will be implemented going forward and they won't be retroactive.
Another humble suggestion is that the Income Tax Act is very complicated and whatever we end up with, when legislation does come forward, make sure it is clear, fair, and predictable because we don't want to overly complicate things. That's the feedback we're hearing from the committee.