Yes, certainly P.E.I.'s economy is very much private sector driven, so any changes that will impact the capital that's available for small business are going to have a very negative effect.
I can speak specifically to some of these businesses. All three of those sectors you mentioned are very capital-intensive businesses, with significant risk involved. Frankly, it is extremely difficult to, in many cases, have financial institutions that want to finance growth. These passive proposals.... I know people are saying if it's in a corporation, and it has this deferral.... But sometimes you can't just reinvest it in your business that day. You have to leave it in there for a period of time. Maybe you have to save up for an expansion or the right business opportunity.
It really will impact the P.E.I. economy. Any time you take that much capital out of the economy, it's certainly going to impact it.