Thank you very much for the question. One real challenge with the HASCAP goes back to where businesses are getting their funding from.
The tourism industry is an unusual industry in that we buy strange things that traditional banks don't really appreciate—things like float planes and boats. We are a seasonal business, and that often scares away traditional financial institutions as well, so using third-party lenders is quite common in the tourism industry. Unfortunately, the debt service ratio and the third party lenders immediately create a black X on applications for HASCAP. There's a challenge in getting that sorted out. We have taken it to the folks at ISED and to the folks at the Department of Finance. We're trying to work through it, but it is certainly one of the challenges.
The other challenge we're having is that we're asking businesses to take on more debt to cover fixed costs that aren't going away. Some flexibility around repayment is going to be, I think, something we're going to have to get into down the road. As far as how we do that goes, similar to the case with the CEBA program, there is a forgivable portion if you pay back within a certain time frame. The challenge for many businesses is that they're taking on a disproportional amount of debt and they're going to need longer than the 10 years to pay it back. I think we're going to need to see, perhaps, a little bit of leeway in that realm.