My former colleague Ryan Williams, even before 2024, introduced legislation to try to establish this in Canada.
I'd like to move to division 13 and the equity threshold related to the capitalization of financial services companies and the minimum ceiling moving from $2 billion to $4 billion. I would like some...expectation of what firms will be affected by this. Is it believed that a number of firms will be captured by this that previously were not? How will this help increase competition in the financial services sector?