The M and A work that we do is generally on an hourly basis with a cap. That's just the way the industry goes. As far as M and A that's being driven by tax issues, the best example is probably the large deals that have happened recently in the U.S.
The U.S. has a very expensive and unique corporate tax system. It's much more expensive than that of any other jurisdiction. Many U.S.-based multinationals are trying to escape their taxation system. They find a business outside the U.S. that they can merge with, then they move their head office and operations to that location. They do this because it's so expensive in the States.
That gets us back to the concept of being tax competitive. Right now, Canada compared with the U.S. is very tax competitive. That's why you've recently seen businesses making certain M and A deals that move their headquarters to Canada. I think that's very good from a Canadian perspective. Encouraging U.S. multinationals to put their headquarters in Canada, so as to take advantage of our more competitive tax situation, is fantastic for our country.