Thank you very much for the question.
Before we turn to the enterprise value, I want to be clear that for national security there is no threshold, so at no point does anything change around the requirement that all transactions be considered from a national security perspective. The liberalization is only in the context of the net benefit review.
As I indicated, it's a regulatory proposal that's been published two times. It was published two years ago and then last spring, and we are right now finishing analysis of the comments we've received from stakeholders. The proposal will only come into effect, obviously, once the changes in the budget implementation bill are approved by Parliament, and then also once the regulatory approvals are approved. So the five-year clock has not started yet.
In terms of analysis, forecasting is very difficult to do because you cannot be sure what types of investment and what sectors are going to be impacted. You can't look forward with a crystal ball and make any kind of prediction, even if we look—