Mr. Clayton, you make a persuasive argument. I'm confident that members of the government are listening intently to your comments.
For the last 40 seconds or so, I'm going to switch to the Council of Canadian Innovators.
You've had some discussions about SR and ED review and a patent box. Anyone who's heard me speak knows that I believe the Canadian income tax code is due for a massive revision. In fact, I believe that right now it is not an advantage, and is in fact a disadvantage, for Canadian businesses. Many sections are archaic. Many of them are full of onerous regulations that don't make sense anymore in the modern world.
Would you be in favour of a more modern, effective and competitive Income Tax Act? That's for the Council of Canadian Innovators.