Thank you.
You first mentioned the problems, the delay and the inefficiency, in deploying capital in programs. This is why I said that universality is required, and also, to not change market conditions right now for the future. Just for us, if we were to have the wage subsidy, it would be $100,000. It's very important.
On the uncertainty that it creates in the market as we go along, we're only four weeks in, and as it goes along it's creating more uncertainty in the market, because we don't know what other programs are going to come in. There is uncertainty for investors investing even in new technologies, because they don't know if competitors in the future are going to get some subsidies and not them.
That's a very important point, that universality, and also, you know, maybe raising taxes specifically for this year retroactively at the end of the year for people who received it and shouldn't have. They haven't created value, and what we want is to create growth and value.
On the second part of your question on what we can do post-COVID, I believe that we should plan something universal that would decrease the wage subsidies as we go through the months. We need to give people time to pivot. In the start-up world, pivoting means that you're testing something. When it doesn't work, you change either the market or something in the product, and you adapt.
As a country, we now need to decide if we accept this as the new reality, that this is the worst-case scenario, and we adapt. We can pivot the whole economy into a low-touch economy. If it's going to stay for two years, it's going to be in our habits afterwards. People are going to work from home more. This is going to change the economy, so we can't continue doing what we do.
I believe that one of the key points for putting more people into entrepreneurship and having more people start and grow businesses and get value would be to have a universal basic income. It takes two years to get a start-up up to speed. During those two years, you have your private capital, so this is—