Mr. Speaker, the answer to the question is exactly the same one I gave earlier. It is part of the refundable tax credit. Capital gains exemptions make it possible for our companies to raise capital and benefit Canadian shareholders. This is an advantage they have over a company that must borrow money and pay interest, for example, or an American company that must raise capital in the United States, but is looking for Canadian investors.
What we want to do is encourage investment in Canada. That is part of a sound system. If we make changes here, other changes will have to be made somewhere else. The fundamental question is how we are going to help Canadian companies increase their equity. That is part of the system.