I appreciate that response because I think that with new climate in Ottawa, hopefully, the federal Finance department won't be quite as rigid as they have been in the past. I just hope that the Minister continues to pursue other avenues that I think would be more progressive and would be less onerous than the payroll tax.
I have another question. The Minister is renegotiating the formula financing agreement, and one of the problems that, as I recall, we had in the formula financing agreement was that even with our low corporate income tax, which I guess was the lowest and now is second or third lowest, there was still no net gain if a company decided to move their headquarters or, in the case of a big company, their financial assets, on paper, anyhow, to the Northwest Territories. Because of the formula that any increased taxes wouldn't directly come to us, as I recall it. I think it was Marconi, at one point, that moved quite a sizeable pool of money up to the Northwest Territories. Now, though there are difficulties and there are always jealousies with other jurisdictions, is there any effort being made by the department to try to deal with that sort of area whereby we could actually attract pools of capital to the Northwest Territories and take advantage through our tax system of those pools?