I'm glad you asked that.
Seed-stage funding can be a challenge in Canada for early-stage companies. As my colleague Mr. Khan, mentioned it's a capital-intensive process and it's hard to track that capital in the early days, before there is any revenue. The seed stage is absolutely an issue.
I would also say that scaling for hardware companies is a real challenge. Again, it's very capital intensive. Project financing for first-of-a-kind projects is very difficult the whole world over. If you want to launch a new technology, like the ones Smarter Alloys or some of the other companies in your ridings have, it's very difficult to get funding when it's the first of its kind.