I would say that what the government is doing can be explained in maybe two ways. Number one, the government is actually investing. It's not lending money to venture capital companies; it's investing in venture capital companies. As an investor, it can legitimately expect a return on its investment. Those are the expectations of the Ontario government, the Quebec government, and the Alberta government that have smaller entities that they have recently set up.
Two, what's this all about? The answer is, if we're concerned about the jobs of tomorrow, jobs in growth areas, value-added jobs, then we have to fund our high-tech industries. If you take out venture capital, there's no funding. It's as simple as that.
To come back to what Siobhan said earlier, the industry in the third quarter of 2009 only raised $65 million across Canada. There was $1 million in Ontario, $32 million in B.C., and $32 million in Quebec. That's not enough to fund very many companies. Right now, today, compared to five years ago, we're funding less than 40% of the companies that we used to fund because the money isn't there.