The impact on wineries of my size and larger—certainly in the top 10 wineries in the country—would be profound. Much of it, as I mentioned earlier, relates to our overall financial structure, including our lenders. It would have a serious negative impact on our bottom line. Mine would be cut in half. That's serious.
However, I think of more concern to this committee would be the other 690 wineries in the country that are smaller, many of whom don't have a bottom line. They have a job.
I grew up on a farm. There was no profit. It was basically what we earned to live on.
These are farms. Chairman Easter knows all about the farm industry in Atlantic Canada; it's on a shoestring. Without question, at the end of the day, we will be punishing and harming a lot of small farmers in this country with the implementation of this escalator.