A risk analyst is evaluating the potential risks of a stock portfolio that has a total value of CAD 248 million. Within this portfolio, there is an allocation of CAD 15 million to stock T. The portfolio's annualized standard deviation of returns is 16%, while stock T has an annualized standard deviation of 13%. Additionally, the correlation coefficient between the portfolio's returns and the returns of stock T is 0.45. The risk manager wants to determine the component Value at Risk (VaR) for stock T, assuming a 1-year time horizon, a 95% confidence level, and normally distributed returns. What is the component VaR for stock T?