Last May you announced that the threshold was $330 million based on the value of the assets of an enterprise, and that it would increase to $1 billion in four years, based on the business value in subsequent years. You just mentioned that.
Far fewer transactions will be covered by the Investment Canada Act and subject to the net benefit for Canada test.
Has the government seriously assessed the impact that the higher thresholds will have on the Canadian economy, particularly on Canadian companies?