If we had more time, I would ask for your thoughts on immigration settlement agencies. I think they have a unique role to play in all this and have done tremendous work helping to integrate newcomers and refugees in particular.
My second question goes to Canadians for Tax Fairness.
I read in your brief, Mr. Sanger, that you're obviously skeptical when it comes to decreasing corporate tax rates. The brief makes specific mention of the situation in the U.S. It says that "marginal overall economic benefits" are expected in the United States. This is in your analysis. You point to an analysis by TD Bank that says, "With an economy very close to full employment, a fiscal boost is likely to lead to higher inflation, and a slightly faster pace of rate hikes.” I'm quoting here from the TD Bank report speaking about the United States.
Canada is obviously in a similar position. We have the lowest unemployment rates since the 1970s. In addition, the TD report forecast that in the U.S. a massive corporate tax rate is likely to lead to larger debt burdens for future generations.
Could you focus on that and apply that insight to the Canadian context?