Thank you very much, Mr. Chair.
Just off topic, but since I have the floor, I just note the Deputy Prime Minister has not accepted the invitation to come to committee. The governor has been glad to appear every time he's been invited. The only time the Deputy Prime Minister appears is when there's legislation to pass. If the government would like the legislation with the BIA, which is going to come in a few months, to pass smoothly, I think we should probably work on a better working relationship.
Anyway, let's talk about the luxury tax.
Thank you for appearing.
One of the things we heard from stakeholders was the government had not completed an economic impact analysis of the luxury tax. The Parliamentary Budget Officer indicated, just using vessels as an example, about a $2-billion loss of sales over the next five years for vessels. The aerospace sector industry group, just for business jets alone, believe there will be about 750 job losses as a result of the imposition of the luxury tax.
Does the Department of Finance agree with some of these economic analyses? Will that be part of your final report? I understand this first interim report was a little bit more on the implementation, but are these some factors you will be opining on in the next update?