Mr. Sorbara, I have just two very brief comments. I think you made some very good points.
You made the case that the passive income threshold of $50,000 translates to financial assets of about $3 million a year, and whether that was adequate or not adequate. I think we can debate that a bit, but it's certainly in the right direction.
There are two elements, though, that I think the committee should consider. One of them is indexation. It may be that $3 million dollars is appropriate in terms of a retirement portfolio for a professional, but I think there should be some protection for inflation, so that it keeps them at that lower rate.
The other is the retroactivity point, which the government in fact committed to before the proposals. The reason I think it might be important that retroactivity be taken into account, in other words that these proposals not be retroactive, is that professionals.... I'm thinking of some of the debate in the newspapers where doctors were encouraged to move into an incorporation strategy as some kind of compensation for salary, and the financial contracts that the medical profession negotiated.
It's those two elements, and I think my colleague from MNP made a good point about the complexities, which is another issue. I just wanted to make those two points.