Clearly, and it's part of our recommendation, reduction in corporate taxes improves the competitiveness. Canadian competitiveness makes for a better investment climate, be it for domestic investors or foreign direct investment. We've seen positive effects when many companies have located facilities in Ontario, in various sectors, in the automotive sector, for instance. Also, in our sector, some of the companies in our group are companies like General Electric, Siemens, Philips. These are global companies that make investments globally and look at the best conditions in terms of proximity to market, in terms of investment climate, in terms of tax regime, in terms of available skill sets of labour, and ultimately calculate their return on capital. So the better the business environment, very much supported by a more competitive tax structure, the better the attractiveness for foreign investment. That directly creates jobs. Certainly we would support that.
On November 9th, 2006. See this statement in context.