Yes, it affects Canadians directly and indirectly. There are ways of testing data all the time, claims by anybody, including elected officials. Just on the direct impact, when Ms. Freeland said that, I did several media interviews and said, “Look, all we have to do is look at the number of small and medium-sized businesses or farmers because they're all subject to capital gains when they sell an asset for a capital gain.” There are many more than the very tiny percentage, whatever it was, that was provided by the finance minister.
When you look at the number of owners, entrepreneurs who own a capital asset called a business, or farmers, and then you throw in secondary properties, of which there are several million, every one of those people are subject, ultimately. They may not sell today, but when that property is sold they will be hit with capital gains. I knew that the number was ridiculously underestimated because there are several million people who have capital assets. That's why, in my disclosure at the beginning, I was very careful to say that I'm an unusual person. I don't have any stocks, bonds or capital assets other than my house, which is tax-free, but there are millions who do and are subject to this tax, so the impact is much greater than was claimed.