Thank you, Mr. Chair, and thank you to the witnesses for coming today.
I have more of a macro question, kind of a bird's eye view. I'm really thinking about the value of this act as a piece of legislation. I'm just wondering what would happen if we didn't have the ICA. If we could get out of the technical details of what we've been talking about, could you give me a sense of what the last five years or so would have looked like in Canada?