My understanding is that there is actually one organization that would like to come to this committee to talk about that issue. We've only relatively recently heard about this as an issue. It appears to us that these types of hybrid corporations are actually quite possible to incorporate under the Canada Business Corporations Act. It seems to us—and we'll be interested in hearing more if witnesses come forward to talk about this issue or this possibility—that it is more of a tax issue they are perhaps raising. It does seem possible under the Canada Business Corporations Act to create one of these organizations. The question is how they are treated in a tax context.
On November 4th, 2009. See this statement in context.