I mentioned that, with our environmental heritage, there are a couple of very small things the government could do that would have huge impact, and one is to speak to Revenue Canada to discourage them from attacking environmental groups whose sole purpose is to protect our environmental heritage. That would make a huge difference.
I didn't expand on what has happened in the municipalities by making it illegal for campaign donations from corporations and unions. It had changed the landscape entirely. Previously, it was very difficult for somebody for whom environmental heritage was the primary goal to get elected. It's very expensive to get elected, and in most of our municipalities, people were getting elected with developer dollars. That's no longer happening, and it's a huge difference. A very small effort by the federal government had a huge impact.
With regard to us, unfortunately, I have to be honest with you, the greatest risk in our business is not marketing, it's not leasing, it's not financing, and it's not even construction cost overruns, although God know we've never built a project without huge construction cost overruns. It's what the municipality will do to us in the middle of the process. The fact that there are not defined rules and regulations that apply to the renovation of older buildings is a huge disincentive to renovating them. It is much more difficult to renovate an older building than it is to build a new one, no question, and that's more or less because of zoning bylaws.
From the federal government's point of view, of course, the things that Mr. Brown has talked about would be huge, but I have to be honest with you again. We've managed to do very well without any federal grants; nevertheless, it would encourage many people to come into the business who probably are not in the business right now.