That is excellent, thank you very much.
The next subject that I would like to bring up is about the additional deduction for gifts of medicines. That is the purpose of clause 9 of the bill, which rescinds section 110.1(1)(a.1) of the Income Tax Act.
How much exactly is the government saving with this measure?
We know that there are already similar measures, called stock options. People can make donations of medicines and then they are entitled to a larger deduction.
However, it may be that the medicines have expired when they arrive. In addition, these measures can cost a lot to enforce.
Are there other ways of encouraging pharmaceutical companies in Canada to donate medicines overseas, thereby allowing them to contribute to people's health around the world?