I'll just follow up on what Michael was talking about earlier. On the CEBA, there is a problem showing up. I don't expect anybody to probably answer, but I'm going to outline a problem that I would ask people to think about.
On the CEBA, it says very clearly that you have an active business chequing or operating account at the banking institution. I have quite a number of sole proprietors who actually use their personal banking account. They did it for various reasons—they started when they had no money, or they didn't want to pay the extra fees for the business account.
I'll give you an example. This one individual, as a small contractor, did 900 thousand dollars' worth of business last year, had three employees over the summer, paid out $87,000 in wages and sent out the T4s for those wages. He said to me, “Look, CRA doesn't mind taking my cheque for CPP and EI every month, plus my own personal income tax every month, but they don't want to give me one back all over not having an active business account with the bank.”
There must be a way of curing that problem because he can show the T4s, he can show the business he has done, but he does it through a personal chequing account. I'm not asking for an answer. I'm just saying it's a problem we have to try to address.
Turning to the last series, Ms. O'Connell, welcome back to the finance committee.