Finance committee  Thank you for your question. Just for the record, we don't wish to “abandon”; we just made a major commitment on the basis of what we had been told. Basically, we are looking here at an issue of fairness. As you may know, the Income Tax Act already permits tax deferral for cert

Finance committee  That's correct.

Finance committee  Forget the depreciation. We have given you some very specific examples here. For example, if your purchase price is $800,000 and the value 20 or 30 years later is $8 million, you end up having to pay capital gains on more than $7 million. Capital gains on more than $7 million mea

Finance committee  Well, it may be so, but if you want to get the economy to move, and to rejuvenate the properties that are on the market now, and to listen to what many Canadians are saying, and to provide help to kick-start...and not only for real estate. We have demonstrated the importance in o

Finance committee  Of course, it is impossible to say exactly. But we have specific statistics on the plan's performance since 1992. I will ask Mr. Klump to provide those figures.