In terms of the capital gains approach, what we did was look at the Income Tax Act in its totality in terms of how we deal with options. The options provisions are available to publicly traded and privately held companies--large, small, or medium, it doesn't make any difference. So what we tried to do was look at the rationale behind why the Income Tax Act treats options in the way it does. You don't get the benefit immediately; you have to wait a period of time. You're investing in or getting cash from your company, and there's some level of risk involved. Therefore, it's not treated exactly as a capital gain, but you end up paying, ostensibly, the same amount of tax on the option as you would if it were treated as a capital gain. That's the approach we took.
If this committee or the government of the day concludes that the deferral of the tax is a reasonable thing and does not wish to examine how the tax is treated from a capital gains perspective, we would certainly have no problem with that. From our perspective, the most important thing is to allow the average employee a greater portion of his or her disposable income to actually participate in these things.
I do want to stress that this is not a program for WestJet. We are doing quite well right now, with 85% of the people participating and contributing 13%. The whole idea behind this comes from our executive chairman, Clive Beddoe, and the variety of companies he has developed. He has put these into every one of his companies, this notion of profit share. And we think that if you're actually going to lift the entire Canadian economy, if you want to drive productivity, you have to get down to this level of specificity.