Mr. Sargent, I'll start with you.
I've become increasingly concerned during my time on this committee about the economic vandalism that has been committed on this country by this Liberal government. The Governor of the Bank of Canada was here on Tuesday. They had predicted a 1.5% increase in Canada's GDP. I asked the governor whether or not he thought the capital gains increase would affect that, and he refused to answer me. I can see why he didn't want to talk about it. Just today Stats Canada released a report that said the GDP growth was flat, at 1% less than the bank had actually predicted. My colleague, Mr. Kelly, talked about the fact that our GDP has declined in the last eight out of nine quarters, and that the United States economy grew by 2.8% in the third quarter.
Let me ask you the question that the Governor of the Bank of Canada refused to answer at this committee. Do you think that increasing the capital gains inclusion rate will further damage our flat economy?