Thank you, Madam Chair.
In reference to the question and the earlier testimony, which we did note, I think it's important to take into consideration the changes made under the Investment Canada Act, after a previous review changed the basis for evaluation to “enterprise value”. What that does is capture the market value of the intellectual property of the business. Previously, an asset-based threshold only would not capture that. Now, in fact, the type of enterprise that is largely valued-based on its IP...that obviously, then, can see that there's a net benefit review conducted in certain circumstances where the threshold is exceeded.
In terms of national security, of course, all matters that might relate to important intellectual property and any national security-related risks around that can be assessed by the investigative agencies as part of a review, notwithstanding the extent of the investment or the dollar value.