Thanks, Mr. Chair.
I'll start off and then ask David to say a few words.
Certainly this is an area the committee might like us to come back and talk about, the whole range of announcements. The minister is open to propositions from other fleets around combining and all that kind of stuff. He hasn't closed the door on that at all.
I would also say that the $750,000 capital gains thing is $180,000 or so in the pockets of folks who are wanting to get out of the fishery. In terms of the access to capital, a combination of the capital gains and the changes that are in place we believe will give banks a greater sense of confidence in the industry. That would also have been part of the reason we would argue for Bill C-45, or some version of it. There are elements there that could bring longer-term reassurance to fishermen and bankers and others.
Having said that, it is a challenging scenario. To the extent that it was possible, I think the minister, in a very difficult area, which this committee has been talking to successive ministers about, came up with a solution that tried to walk the fine line between flexibility and moving forward for the majority of the industry.