A portfolio manager is evaluating the risk profile of a CAD 20 million portfolio which includes CAD 5 million invested in stock XYZ. The portfolio has an annual standard deviation of returns of 12%, while stock XYZ has an annual standard deviation of 15%. The returns of stock XYZ are correlated with the portfolio returns at a coefficient of 0.3. Using a 1-year Value at Risk (VaR) at the 99% confidence level under the assumption of normally distributed returns, what is the calculated component VaR for stock XYZ?