I'll have to give you a little more than a yes or no—sorry—because we talk about growing credit unions and large credit unions.
Eligibility for the additional deduction is not linked to the size of a credit union. The income that is eligible for the additional deduction for any credit union in a year is equal to the difference between 6.7% of its members' deposits and shares and its cumulative income over time.
As a credit union grows over time, and deposits and shares increase, the amount of income eligible for the additional deduction will increase over time. It may be the case that a credit union that is not growing, for example, will hit its cumulative limit sooner than another credit union. That ability to access the additional deduction can be restored in a subsequent year when there is growth in member shares and deposits for a credit union.
We had a look at the data just to verify, and the vast majority of the large credit unions are able to access the additional deduction. As an example, in one year we saw a large credit union hit its cumulative limit. In the following tax year, there had been sufficient growth in their base of deposits and shares that they had restored access to the additional deduction. So it's not linked to size; it's linked to how the test actually works.