Thank you, Mr. Chair.
Thank you to all the witnesses for being here.
Mr. Giroux, I'll begin with you. Budget 2024 noted:
...28.5 million Canadians are not expected to have any capital gains income, and 3 million are expected to earn capital gains below the $250,000 annual threshold. Only 0.13 per cent of Canadians with an average income of $1.4 million are expected to pay more personal income tax on their capital gains in any given year.
In your view, is this a reasonable estimate of the number of Canadians impacted by the capital gains inclusion measures announced in the budget?