Thank you, Véronique.
We have quite a strong venture capital market in Canada, but it's not as dynamic as it is in other countries in the world—for example, the United States—especially over the last few years, when there has been a lot of uncertainty.
What we have seen is that the access to equity for start-ups in Canada has diminished over the last few years because of the current economic situation. When there's more uncertainty in the economy, it's typical that the venture capital market will slow down, and that's exactly what we are seeing right now.
