Thank you, Mr. Chair.
Mr. Reuss and Mr. Williams, with respect to the luxury tax, you noted that it would have a detrimental impact on jobs and reduce government revenues and trade. The PBO estimates that this tax will generate approximately half a billion dollars in new revenue by 2020. However, in that report it was noted to be highly uncertain. I was wondering if you could speak about the impact on tax remittances in British Columbia following the imposition of the tax.