In conclusion, sir, and panel members, one issue that I think is important to all of us and to investors is that there be a clear definition of the term “net benefit to Canada”. What is it? What does it mean, and can both Canadians and investors understand it?
As well, our issue around enforcement is that it doesn't appear to be working at all. If you look at all of what we believe to be infractions of promises made by Vale Inco and others, it doesn't appear that enforcement was any deterrent.
We do not support blind protectionism--that's not in the best interest of Canada--nor do we support total laissez-faire and leaving it up to the market. I've never been introduced to this guy named “the market”, and politicians can't get hold of the rationale for the market, so we think that you have to attempt to find some middle ground.
Thank you very much.