Yes. My approach focuses on the macro, not the micro, and doing what's called indirect regulation rather than direct regulation. Let's bring that down to brass tacks and down to earth.
The Competition Bureau, which has correctly identified concentration, has not acknowledged fully that they have approved acquisitions over the last 10 to 15 years. I'm not here to throw rocks or bricks at the Competition Bureau because they're excellent people, but maybe they should, either through order in council or through amendments to legislation, put some kind of a notional cap on the concentration ratio.
When you get concentration ratios of up to 70%, 80% and 90%—and we have several industries there—we get real problems of lack of competitiveness. It's a direct consequence of such high levels of concentration. To put it the other way, the Competition Bureau is approving too many acquisitions.