I'll use the average rate for our members, which is 11%, as an example. Think of a small corner store or convenience store in your region. For these businesses, a yearly increase of $11,000 a year is a lot of money. You mentioned the carbon tax. We don't know the details of that yet, but we expect it to have an impact. The tax rate is an issue, but so are employment insurance premiums. They are going to increase for SMEs in 2017. Tax credits for small and medium businesses were not renewed in 2016. In 2019, changes will be made to the CPP and the QPP. I don't know if things are going to go on like this.
On November 15th, 2016. See this statement in context.