Thank you, Mr. Chair.
I appreciate the flexibility to try to figure this out. We want to make sure that it's right.
As you know—and we've talked about this as one of our key amendments—Mr. Fillmore and government members have been very co-operative on this. My understanding, from talking briefly with Mr. Gaheer, is that this one also requires us to do some other things, if it were to pass, in subsequent sections. Therefore, we would have to do unanimous consent to go back there. If it passes, I don't have any problem with that. I just want to make sure that I understand it.
The primary purpose of CPC-2, as we know, is to deal with this issue of how we approach state-owned enterprises in terms of the thresholds within the act and what the minister has the ability to choose to review and not review. I'll go over the rationale a bit for the amendment, because it's important, in my view, to make sure that I understand the context of the subamendment.
The context of CPC-2 is that in its current form, I believe, neither the ICA nor the bill requires an automatic filing for a net benefit review if the state-owned enterprise.... It's a formula, I understand. I think this year, it's $512 million.
Is that correct?
If the acquisition is below $512 million in asset value.... Is it asset value?