Thank you very much, Mr. Chair.
Mr. Soloman, thank you very much for coming today. I was also in Charlottetown on Friday actually, and I ended up having a chat with your partner, Lloyd Compton, who came to one of my town halls.
Mr. Soloman, what I understand from what I heard in Charlottetown is that the three main industries—and maybe the chair can correct me—are farming, fishing, and tourism. In fact, tourism is about 6.5% of the GDP. Eighty per cent of the people who work in tourism are small businesses. There are 1,300 fishermen who are incorporated in P.E.I., another huge number. Of course when it comes to farms, 98% are family-owned businesses. They're farm families.
Mr. Soloman, I'm wondering if you think this is going to have a disproportionate impact in Prince Edward Island, given the fact that the economy is so intrinsically tied to small business and the impacts this will have on small business.