Ray Boughen at the Special Committee on Cooperatives

Thanks, Mr. Chair.

Thanks to the gentlemen for sharing their time with us this afternoon.

Alan, when I listened to your presentation, I thought it was a good business move that allowed you to buy six, seven, or eight industries at one time—and as my colleague Dan said, the economy of scale enters into that equation. But what happens to any profits that the company accrues? Is there a share dividend, or is it banked for future use?