Let me first answer by saying thank you to the federal government for maintaining a stable tax credit base. That's gone on for a number of years, and there's always been consultation with the industry.
In this industry, stability is crucially important. We compete with other jurisdictions. Atlanta has become a really big hub of production. Pinewood has built sound stages there. The state of California has introduced tax credits. You have New York and New Orleans. It's money in a bag, and studios can go anywhere around the world. They're looking at the financial impact, the availability of crews, and capacity of the industry. The announcement last week took the industry by surprise.
A couple of weeks ago, the Government of Nova Scotia did something similar, although there's been discussion with the industry and it looks as though a compromise has been reached in Nova Scotia. I think what happened in Ontario is unfortunate. It's going to have a real impact, and there are a couple of specific issues that, as an industry, we hope the provincial government in Ontario will address. Their announcement has had some unintended consequences.