Finance committee  That's correct. Well, it's $5,475 maximum for the basic part of the deduction, and it has been like that since 1987. So I guess there are a couple of different decisions you could make about what it should be increased to.

Finance committee  Well, the very basis of it would be to increase it based on the cumulative effect of inflation since 1987, which would be approximately 64%, or from $15 a day to $24.50 a day.

Finance committee  Yes, I am.

Finance committee  Thank you, Mr. Chairman. Good evening, and thank you for the opportunity to make this presentation to you today. For the purpose of these hearings, the NEF wishes to discuss the northern residents tax deduction, referred to in our submission and this presentation as the NRD.