Thank you, Mr. Chair.
Mr. Mueller, I'd like to continue with you on that.
I also had the benefit of having met with you, Bombardier and, I believe it was, the International Association of Machinists, who all take the same position. I've heard you clearly call for the repeal of the tax, which I understand is a 10% tax on the sale of an aircraft in Canada over $100,000. Do I have that right?
I heard another proposal from them that may achieve the same benefit. I understand that the tax is not payable if the use of the aircraft purchased is more than 90% used for business purposes. I've heard that another option would be to reduce that to 50% business use. I'm also told that sometimes when corporations or high-net individuals purchase an aircraft, they can't use it all the time, so they'll put that aircraft into a lease pool.
The second request would be to automatically count all revenue from the lease pool as business use because apparently now you have to keep track of every hour of the plane and it's administratively a nightmare.
Would that be an acceptable solution to you, if we reduced it to 50% and counted all lease-pool revenue automatically as business use?