The problem, as I see it, is that the current environment is probably exacerbating the difficulty of raising capital for small and mid-sized companies, although we've argued that there has been relative difficulty over the last few years. In this current climate, it has been very difficult. The difficulty can really be traced to sources of risk capital and getting individuals or funds to invest in good Canadian enterprises.
The flip side of that is that we have a pretty good mechanism for finding the investment opportunities. It's really about bringing them together with the sources of capital. For example, the angel marketplace has worked fairly well. It could be better. There is a great clustering here in Saskatoon. There's Waterloo, Montreal, and Vancouver. That helps for the start-ups.
On venture capital, there's been a lot of talk around this committee about trying to encourage more venture capital in the small business sector. The government should be commended for the tax changes it made to allow in offshore venture capital funds. Again, it's a small part of the puzzle. It'll take some time.