I think the best process would be to perhaps have a good look at the kind of issues around the corporate tax that we need to address, some of them raised by the OECD base erosion profit shifting study. Other countries have been responding to that. We haven't done a lot yet with respect to that. We also need to look at some of the issues to make sure we protect our corporate tax base in Canada. I also think we need to ask a question about how to make sure we create a playing field that's shifted to us to attract businesses in Canada, taking into account a lot of the policies that are impacting on business.
I think some of this could be done by a panel that would look at this maybe after the election, made up of people who are quite knowledgeable about not just corporate tax but also what's happening in the business sector, with an opportunity for consultations after that panel comes forth with some clear-sighted ideas.
I'm not sure I would leave it entirely to the Department of Finance to make that determination. In fact, I think one of the successes in the past has sometimes been to give a separate independent body, especially with individuals who are very knowledgeable about what's going on in the private sector, an opportunity to do that. In fact, maybe some of the issues that came around the taxation of private corporations would have been avoided if there had been an external panel involved to assist with that process, because certainly some significant problems happened as a result of those provisions, and there was a reaction as a result. I think sometimes that's a very useful way of going about a very complex area, and probably that's what I would recommend most.