Yes, we certainly considered that and consulted extensively with stakeholders. There is no grandfathering in the legislation. That's a policy decision. The rules were announced first in budget 2021, so people have had a significant amount of time to plan and react to the rules.
There are also a number of exceptions built into the rules, including exceptions for medium and large Canadian businesses that don't have material, non-resident assets available or shareholders. There are various exceptions built in to try to accommodate different situations, but we don't include grandfathering. It would be quite complicated, for one thing, and it would create a lot of other issues.