Certainly refundability is a huge step in the right direction. I know that some people say it costs lots of money, but it's money that is a credit to our accounts. It's just a question of whether we get it when we're profitable or before we're profitable. It's the same amount.
I understand that the fiscal implications in the short term can be large, but there are ways of doing it without blowing away the fisc. For example, there could be a cap. Refundability up to a certain amount would help the smaller players and certainly the whole forest industry manage their investments in research over a difficult time, and wouldn't blow away the fisc. But given that this is money that is going to come to us when we get profitable, I just don't buy the argument that it just can't be afforded. Otherwise, you're just betting on it going bankrupt and never having to pay the money.