It would be very helpful. Thank you.
Mr. Bowie, I wonder if I can come back to you for a moment, because you raised an issue that had not been contemplated in our assessment of this bill. That is the issue that's been raised by my colleague Monsieur Laframboise, the issue of eliminating the excise tax on ships acquired abroad.
I'd like you to pursue the particular business model a little further, because my colleague indicated, of course, that the initial tax was designed to protect Canadian manufacturing, and yet you have indicated that there hasn't been significant shipbuilding, or at least construction of ships that you and your association would utilize, since 1985. I'm wondering about the business model that says we can forgo paying 25% of the overall cost abroad, but if we put that amount towards acquiring some equipment here, that capacity would actually be available to us.