We should also clarify that the amount cut from the budget does not recognize the total loss. My understanding is that was the amount Treasury Board had already authorized. There's another $40 million in the original 2004 allocation that I'm not certain was ever brought forward, so that may also be missing out of the $132 million.
I think we have to understand that a lot of that money was in patient capital, and as the Quebec experience shows, that would have been leveraged. So this cut was much larger because we lose the opportunity to leverage the money with other investors, such as credit unions.
We were very close in working with the western diversification office, and I know that our membership was working very closely with FedNor and ACOA to move forward on these. So the consultation from the regional development agencies was very strong.