Thanks very much, Chair.
Thanks to all the witnesses for being here. I won't have time to ask you all questions, but I appreciate your testimony and your time and your input, and we've taken note of it all, so thank you.
I'll start with Mr. Clarke. David, it's good to see you.
I have a question about the SR and ED program.
First of all, thank you to you and your colleagues at TMX for your advocacy around the SR and ED program. I was listening to your testimony, and one of the things that you also have in your written submission is a request to expand access to the SR and ED program to smaller companies. This is how I understood what you said earlier.
For the folks who may be watching at home who aren't familiar with the benefit of extending access to the SR and ED program to smaller businesses, could you talk briefly about that? Why is that worthwhile? It's basically an investment of taxpayer dollars in smaller businesses. Could you talk about why that's a good idea, in your view?