Thank you very much for that very good question.
Yes, what you're raising is, in effect, the timing of the benefits. Most R and D performers are competing in a global economy, and what's really happening here is it's a competition of Canada versus India and China. Those decisions are driven, in effect, by cash. So it's a cashflow-driven model that drives many of these decisions, and waiting for the opportunity of three years down the road, five years down the road, or ten years down the road before an appropriate incentive comes up when another country may actually offer that type of opportunity today is I think a detriment to Canada.
The second part is that this is really an opportunity play for Canada. By incentivizing these jobs to stay in Canada, it is for the good of the country. One of the things that is very important to remember here is that if it ends up being good for the country and you can prove that dynamic, it's probably pretty good to spend $8 billion, because that is a rich country's problem, right?
So as an overall incentive, we can't look at just the costs, we need to look at the benefits. We are talking about retaining high-value jobs that have a multiplier effect, that also spawn other industries.