Thank you.
I'm not a member of this committee, so I'm not an expert in terms of this proposed new legislation, but in terms of the maritime lien in particular, I note that the Shipping Federation of Canada is opposed to the lien. They say specifically that they are opposed to it because federation members that are shipowners find it more difficult or more onerous to finance their ships when the holder of the ship's mortgage is trumped by other creditors such as ship suppliers.
Can you comment upon that particular issue?