Thank you for that.
I want to talk about this idea of the oil sands projects getting a subsidy, or mining projects getting a subsidy, through the capital cost allowance. I had understood that for capital-intensive projects, where you have to invest an awful lot to build a project before you get any profit out of it, the capital cost allowance simply allows you to write off those upfront costs, which allows you to actually make the project work. But those costs are recovered by government down the road.
Is that not correct? Or is this an outright subsidy?