Finance committee  I alluded to the lost revenue calculation on consolidated corporate filings in my presentation. There are strategies and techniques that permit it. I'll give you a perfect example, which is the vertical amalgamation of losses going to Profitco. Losses become available to Profitco the day after.

Finance committee  Reaction has been very mixed. Restaurateurs have probably been unanimous in decrying its impact on cost, etc. There are some businesses that applaud it. What was once perhaps a dead cost, being the provincial sales tax component, now becomes a tax credit and perhaps lowers their cost of doing business, increasing profitability.

Finance committee  Thank you, Mr. Chairman. My name is Eric Wilson. I am the chair of the finance and taxation team for the Surrey Board of Trade. The Surrey Board of Trade is the second largest board of trade in British Columbia. Thank you for allowing us to speak today. Specifically we're asking the government to consider two areas of tax policy for revision and introduction.