Mr. Speaker, the venture capital market in Canada traditionally has been small and it continues to be small. It trucked up considerably during the recession.
I want to point out that the official magazine of Canada's Venture Capital and Private Equity Association states:
The Canadian government has listened to the financing community, understood the severity of the problem and removed the major tax barriers that have prevented critically needed international investment capital from crossing our borders.
That is a quote from the association. That is in Bill C-9. That is why members should support it.