Alex, you didn't comment on the voluntary agreement that came into effect last year between the card issuers and the Government of Canada. It's been in effect maybe just over a year. You commented on the regulation that came into effect in Australia. It was regulated and then it was re-regulated, and now it's re-regulated again because the measures put in didn't work. Also with regard to the service charges that are interchange fees, those are actually different components. So not just card issuers but also other processors are involved, and that involves costs. You failed to acknowledge that.
I don't want you to comment, but I do want to point that out.
I want to talk to Mr. Kelly.
One thing you mentioned has, in my view, a lot of credence. It is with regard to succession planning.
Some prior witnesses commented that in Germany, if a family-run business is transferred to the next generation, the tax implications aren't the same as the tax implications here in Canada. Anybody here can jump in on this. I think we as a committee should look at tax simplification, because I think that also ties into productivity. People are spending time with their accountants and their advisers when they should be focusing on the successful running of their businesses. Being able to transfer is analogous to owning a home. If a parent owns a home and passes away, if it's their first property, they can actually transfer that to their children with no tax implications. I want to get your view on that.