Thank you for your question.
We agree, as would nearly all Canadians, that a luxury tax is a good idea. The tax is fair and equitable. At the same time, it's important to support Canadian industries. The reality is that this is a new tax. It's very important to consider carefully all the details of its implementation.
I want to emphasize that the first return of the proposed luxury tax would not be due until the end of January 2023. I know your team and mine have previously discussed your detailed questions. We're also talking with the industry. We're absolutely prepared to continue the discussion to ensure the measures do what they're supposed to do. Everyone agrees on that.