Thank you, Mr. Chair.
I'm going to direct my questions to Dr. Mintz.
Dr. Mintz, it's a pleasure to have you back at committee.
It should be no surprise that I want to ask you about the capital gains tax. You paint a pretty stark picture of the effect of this tax. We had the finance minister come out, on the day she introduced it with the budget in the spring, basically saying that they are just asking the wealthiest to pay just a little bit more, and it's only 0.13% of Canadians. In your earlier testimony, you said that you calculated that it's far more than that, and it worked out to be about 5% of taxpayers over their lifetimes—just over 1.2 million people. Is that correct?