Thank you, sir. That's an excellent question. I appreciate your comments on the CBA letter.
I think the key point on uncertainty is that there are a number of new phrases introduced. Whether a company is influenced or directed by a foreign state is a new concept; it's not defined. I think that means there is just a little bit more uncertainty. I can tell you that we get calls from foreign investors, and from Canadian investors who would like to partner with foreign investors, asking what it will mean for them, if the transaction is going to be okay. I think that's where we get back to the point that it would be helpful if there were some way of getting certainty from the investment review division of Industry Canada.
The downside of it is not huge, in my submission. The fact is that there are just a few of these transactions that do get blocked, but there is a very large number of these transactions that we get questions about and that investment bankers get questions about.
The short answer to your question is that it would be helpful if there were even a non-binding mechanism, which would not require an amendment, to provide that kind of certainty in a transaction.