In the case of manufacturing, it's a very visible number to compare in different jurisdictions. It may not be the major tipping factor in where you invest. For example, if you have to have the raw material, Canada has some resources that attract certain kinds of investments, and that might trump the tax rate, but for the most part, companies are going to go where they can maximize their profits. If the corporate tax rate is materially higher.... And we have to be careful about looking at posted tax rates. The U.S. federally has a 35% tax rate, but our counterpart association likes to mention that the taxes paid because of deductions and whatnot, in our sector at least, average about 16.6%.
Having the money within the corporation gives you the option of reinvesting and adding new capacity. That's what we see happening globally. As the money is available, there are investments taking place somewhere. We're going after some of that, and we're being compared very easily. They can look at certain measurables, whether it's corporate tax or electricity rates or whatever.