It's quite clear that mom-and-pop shops will have absolutely no capacity to shift their taxable income from one country to the other. The type of profit shifting that we are anticipating as a result of the U.S. tax cuts will be done in vast majority by multinationals that have operations in both countries. Even small and medium-sized businesses that have operations solely in Canada will have no opportunity to shift taxable income to the U.S.
To your question, do I expect this profit shifting to disproportionately benefit multinationals or that, on the opposite side, small businesses will not be benefiting from that? Yes, it is clearly the case, I believe.