Thank you.
There's no question that the tax system is very complex in this country, and that's not unusual to other countries as well. It has become very complex. One of the reasons is that it is such an important mechanism, an important policy lever, for stimulating the economy and the overall prosperity for Canadians.
Over the years, it has become very, very complex. However, there has not been a full review of the income tax system in this country since 1966, with the Royal Commission on Taxation. CPA Canada has long called for a review, top to bottom, of the income tax system, in addition to some of the other reviews that are going on.
The reason that we called for a complete review of the Canadian income tax system is to reduce that complexity, to help make it more competitive, to help make it more efficient and effective and fair for Canadian taxpayers.