Thank you.
Given the current environment in VC across Canada, and in fact across the globe, it's a difficult time, for all parties, to raise funds. However, if both measures that we're recommending—a return to the 20% tax credit and an increase in the annual contribution amount to $20,000—are introduced, we think we can raise at least another $300 million a year from retail investors in Canada.
I should have said in an earlier response to one of the questions that I think some folks feel a concern that if they were to introduce those measures and the thing became wildly popular, the cost to the treasury would be out of control. That won't happen, because most of the provinces who participate in this program have caps on the amount of provincial tax credit they are prepared to extend to investors during each fundraising season. Once those tax credits are maxed out, investors stop buying the asset class. So there really are some control mechanisms in terms of what can be raised in a given year.