Thank you so much, Mr. Chair.
I want to say hello to all members. A warm welcome to Mr. Kelly and Mr. Berthold. Welcome to the committee today.
I want to thank all the presenters for their excellent presentations. I found them all very interesting.
Mr. Lee, I very much appreciated you starting off, giving sort of your five key points about why you very much support the capital gains tax inclusion rate change.
I'd also add that—I think you alluded to it, but I just wanted to reinforce it—there's very much a value beneath why it is that we actually decreased the capital gains tax. It's because we're trying to reduce inequality, and we want to try to make sure that we are actually giving more money to the younger generation and taking from the older, wealthier Canadians and those with better income. I think you very much have articulated that well.
In answer to some questions, Mr. Lubberts said the capital gains tax would stop housing investment and there would be some correspondingly fewer jobs for Canadians. How would you respond to that, Mr. Lee?