Thank you, Mr. Chair.
Thank you to all of our panellists for being here today. I'm going to be focusing more on the economic and tax-related matters.
Mr. Lammam, you had mentioned your concern about low business investment levels. I think we're at the lowest we've been in Canada since 1981. Now, eventually what happens is that you have depreciating capital, where you have machinery that is not being replaced. So it's not just a matter of new capacity; this is a matter that we're not replacing old capacity. What happens to an economy that begins to see that it's all consumption, so to speak, and not enough money is being put into new capacity?