Industry committee  I would concur with what Oliver Borgers has just said. There are steps being taken with respect to transparency. In many ways--and this echoes a sentiment expressed by Cal Goldman--the Competition Bureau and its practices might be viewed as a bit of a template or model for procee

Industry committee  Might I just build on that? In terms of lowering thresholds, we are constrained under the treaties Canada has negotiated in terms of reverting to a lower review.

Industry committee  I don't think clarifying the meaning of net benefit would conflict with our treaty obligations, so I think there is opportunity there. That being said, it strikes me that it is something that might be elucidated through guidelines rather than through legislative amendments.

Industry committee  Conceivably, yes.

Industry committee  To the extent that it involves a further restriction on foreign investment, it would conceivably violate our treaty obligations.