I want thank the President of the Treasury Board and, obviously, Mr. Vandergrift for coming in today to talk about the merits of Bill C-21.
Before I get into Bill C-21, pertaining to Ms. Day's comments that this particular bill doesn't address anything to do with red tape, if I heard you correctly you said that as of June 2014 the rules resulted in a net annual reduction of more than $22 million of administrative burden on businesses and an estimated annual savings of 290,000 hours dealing with regulatory red tape. To me, that sounds like the one-for-one rule has already had an impact on businesses right across this country.