Canadian Capital Markets

Canada is a lot more conservative, i find, given we have this really healthy junior capital markets. A thrifty canadian pubco can be public for a hundred to 500 thousand dollars a year as a pubco. So if you're a 100 million dollar company, um, two million bucks a year, i's two percent of your 2 percent of your revenue. There's some structural advantages to being public early in canada. But when the flipside is when I talk about people being more risk of irst, um, when we get into larger companies. We tend to see avaluation gap between canadian com public companies and us Public companies. And what that ends up doing

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