Thank you, Mr. Chairman.
And thank you to the witnesses for coming here today. It's always interesting to hear from the manufacturing sector.
I have just a couple of questions. My first is mainly a comment.
In the past couple of years under the Liberal government there was a lot of reduction in corporate taxes, especially in the last few years--corporate taxes, surtaxes--and reductions all the way around. And corporations seem to have benefited from it, but the manufacturing sector didn't seem to reinvest. You have to take some type of responsibility for that. We didn't see productivity going up. We didn't see investments in capital and equipment. What happened? How come that didn't happen?