Many thanks to all the witnesses.
You are clearly providing some interesting food for thought.
I'm going to start with you, Mr. Kobly. I'm a member of the New Westminster Chamber of Commerce and the Burnaby Board of Trade. Welcome to this committee.
You talk about a review of income tax and we've heard from other witnesses across the country who have talked about how dysfunctional our tax system is right now. I certainly join my voice to yours in terms of a review, but that review, a number of witnesses have indicated, should include as well the role that overseas tax havens play right now in sucking potential investment out of the country and the fact that there are sectors like the web giants that don't pay any income tax or any payroll taxes at all in Canada.
Would you not agree that if we are looking at the income tax system we have to look at those two considerations, overseas tax havens and the web giants?