Okay. Then with respect to the question of early stage, as I understand it, the Auditor General defined venture capital as investments in early-stage enterprises. The Globe and Mail, though, had a report today on the VCAP and said, and I will quote from it, that the money also made its way down to “later-stage 'growth' investments (accounting for 35 per cent of the VCAP capital committed)”.
Can you explain how a third of the money went to late-stage investments if it was supposed to be for early-stage investments?