Just to add quickly onto that point, I think a national mining strategy, to the extent that it incorporated R and D components, infrastructure components, and incentives for more value added and for more modern processing facilities, might be worth considering.
Just on the point of the takeovers of Canadian jewels, that was an issue that raises interesting questions for our industry and for our sector association with the Brazilian company Vale buying Inco and Xstrata buying Falconbridge and Noranda in 2006.
I think our position is that we encourage both the inward and outward flow of foreign direct investment. We have very strong stocks of investment ourselves around the world. Both inward and outward flows bring new ideas, new contacts, and new markets and open up those kinds of channels.
It is interesting; even in the case of Inco, with the downturn in the past six months, they are employing about 9% more people today than at the time of the acquisition. In Sudbury, the employment is 4,700 versus 4,400 at the time of the acquisition. I think we were a bit spoiled during the boom of 2000 to 2007 in terms of employment growth. But even in those cases, the employment has increased even since then. They've also had very positive performance in terms of investment in training and social responsibility areas, and they can certainly document all of that.
It raises an issue for sure, but I think it's an investment flow that we view very positively as an industry.