Thank you to all the witnesses for being here today.
I want to start with Mr. Wudrick and carry on with this theme a little bit, just to recap what you were telling us.
It was interesting to hear the story of Tesla, which essentially gamed the system to get the Model S in under that price point so that it could qualify for the program.
I share your view that a $55,000 vehicle would be a luxury vehicle for most Canadians. Just comment a bit on this. Essentially what we're doing is subsidizing a vehicle that a wealthy person is going to buy, but at the same time we are not really helping out the person struggling to get by who is buying the $25,000 vehicle.
Is there a policy rationale for this that you can figure out?