I think very highly of Jack Mintz. In fact, the C.D. Howe Institute has a report from him under way right now. The direction is very clear. The magnitudes are open to debate, but there is no way that you could argue that an increase in the inclusion rate on capital gains that affects the entire corporate sector effectively, and many investors as well, is going to have any kind of positive impact.
I agree with a lot of what Tim Sargent was saying just now. I think one thing that's worth highlighting is that the United States, in 2017, had a very substantial tax reform that cut rates and reduced the number of distortions in their system. Anybody who doubts the importance of the corporate tax regime for investment just needs to look at what happened in the United States in the years since then and contrast it to what happened in Canada.
It's clear that taxes do matter, and it's clear that the United States did something in those years that, in my mind, helps to explain why the gap between us and the United States, which had been closing for many years before the middle of the last decade, has opened up since then.