Thank you very much, Mr. Chair.
And thank you to the witnesses for being here.
Mr. Page, the home renovation tax credit ended on December 31, 2009. This initiative, which was part of phase one of the economic action plan, was very popular. Have you been able to determine whether all the money allotted for this tax credit was used and to what extent the program helped create jobs?
In my constituency, where there are a lot of carpenters and manufacturers of doors, windows and kitchen cabinets, this initiative was extremely popular. Last year was a record year for these people. They asked that an analysis be done on the impact of the initiative on the economy, and even on the underground economy. It seems that it would have actually helped stymie the underground economy because everyone asked for a receipt so they could claim their tax credit.
Are you able to determine how much the initiative cost the government, on the one hand, and how much it yielded in taxes from the workers and businesses, on the other? The year is over now. It would be really interesting to know what the situation is.