Seth, if you're good with it, I think I want to take this one.
Based on our research and using the 2023 income tax brackets, we actually found that with the incremental income that a YCC graduate would earn compared to a high school graduate, which is $15,850 per year, the federal government would receive additional income taxes, per person, of up to $2,700 per year, not including deductions or tax credits. Provincial and territorial governments could receive $890 to $2,880 per year, not including deductions or tax credits.
Over a 40-year career, this is up to $108,000 in additional revenue for the federal government and $35,600 to $115,200 for provinces and territories. If the YCC creates 20,000 jobs per year for a billion dollars, it would be paid back in roughly 10 to 15 years in additional income tax revenue. That's not including all of the other things we've talked about, which are part and parcel of this incredible policy initiative.