Thank you, Mr. Chair.
I'm going to direct my questions to Mr. Lewis.
Welcome to committee. Thank you for following this committee for the last number of meetings.
I want to just comment on a couple of the points you made in your opening comments, starting with the impact of capital gains on income inequality and tax inequality and income disparity in the country. Something we've fallen into, I think, in this committee and in some of the conversations around the capital gains adjustment is really overstating the impact that this very modest tax change is having.
With that in mind, some professionals—and you have probably heard this in other testimony or other meetings here—incorporate to obtain generous tax and liability benefits. Those could be doctors, plumbers or certainly, as you have indicated, independent consultants. We've heard from some MPs that these changes will kill economic growth and job creation. What is your response to this?
I know you referenced some of this very clearly in your opening comments, but I'd like you to restate it, if you wouldn't mind, for the record.