That's been very important. As an industry we're very dependent on being able to attract capital from around the world to fund our investment activities. Last year, as an industry, we spent $50 billion across the country on exploration development activities. Some of that capital came from outside Canada. So foreign capital and domestic capital need to feel they are getting good return on their investments if they're going to invest in Canada, as opposed to elsewhere in the world.
In order to attract that investment capital, the tax rate affects the return on investment, and having a lower tax rate that applies to the oil and gas industry as well as to other industries is an important feature in making those investment decisions. So getting the tax rate down to 15% and encouraging the provinces to get their tax rates down to 10%, for a combined tax rate of 25%, is a very prudent way for the federal government to go.