Mr. Speaker, first of all I would like to thank the member for giving me notice of this question.
As the hon. member knows, the tax credits for LSVCCs were originally brought in by the federal government and the provincial governments in order to make sure that these funds had the initial impetus to get going. Since then they have raised large sums of money and by and large have been successful. It was deemed at that point by the provincial finance ministers and federal finance minister that the generosity of the credit should be cut back.
We are in the process of monitoring the situation.