It is not a question of if. It already is impacting it.
A lot of the information that we received initially when it was announced was about uncertainty, obviously, because the measures themselves hadn't been fully baked, and then there was a continued delay of it. What we have heard from not only our member companies but folks in the broader ecosystem is that it's impacting their ability to go and raise capital, because it's less attractive here in Canada when you can do it south of the border. It's making it more difficult to keep highly skilled workers here because their potential stock options are at a higher rate and then, ultimately, the returns are lower. It's a perfect combo where you're seeing it impact founders, employees and investors.