Thank you, Mr. Chair.
To some of you, welcome back to the committee. Ms. Drever, you were here last time.
I think it was almost a year ago now when the small business tax debacle started. In fact, an eloquent Liberal MP called it “God awful” in his communication. He's an MP I like to quote quite often. He's not listening, but that's okay.
Ms. Drever, you said that these proposals are far better than what you originally.... You said you were pleasantly surprised. I guess the impression in the accounting community more broadly was that the government was fully intent on going through with every single part of it.
I want to start with TOSI rules. The example you gave was a complexity involved in trying to prove that a spouse in a relationship is actually involved, or perhaps was involved in the past, in a business, but isn't involved today because of health reasons or they have moved on to other things. I heard the same thing when I was in Vaughan from a medical company. They are going to be changing the structure of their company and creating a new one in order to avoid some of the problems with these rules.
Are you hearing that from some of your clients, that they are going to be creating new companies in order to try to manage their tax burden?