There are a couple of points on that. As Mr. Dodge said in his testimony on looking at impacts, it's important to take into account the present value of things. That's what deferred taxation is. We feel the inclusion of deferred taxes is important because even though all of them do not occur in-year, they will occur at some point and they're related to the issue at hand, which is tax policy. So I think it's important to take into account the life cycle effects. There is a value there.
That issue is not a debate for income trusts. We can make the same argument about whether or not it's a good thing to have the ability to defer taxes.