Generally correct....
Again, has the department endeavoured—and I don't offer this as a critique, more just an understanding—to have any sort of a study as to what the result would be in the absence of such a program? Should the program be augmented? Should the program be made permanent?
As Mr. Brison pointed out, the renewal after renewal, for some of the companies I've spoken to, causes some concern. These companies don't just work on an annual basis, as you can understand. They do an exploration season, but that is usually connected to at least three or four seasons strung together. To be able to plan in light of not knowing what the revenue take-up will be from the market is difficult.
Does the department have a study of the effectiveness of the tax credit? Has it contemplated making it a permanent program?