Yes. The main advantage really is the cost of capital. It makes it much easier and much cheaper to obtain investment, and that's not just equity investment. It's true of debt as well, because if somebody loans you money, one of their questions is “What happens if you don't pay me back?” The normal result from a debt instrument is that you acquire control of the company, but that's a huge problem if you're a foreign lender, because you can't acquire control of that company. You can't in effect take that company's assets as a pledge against your debt. So Canadian ownership rules affect the costs Canadian firms face in raising capital.
Also, in the venture capital space, one of the areas where Canada does need some work is in start-ups, which are funded by venture capital. Venture capitalists want to have a path to control of the company they are funding. That can't happen very easily with foreign ownership rules.