The reality of our industry is that we're in a global marketplace. There are five manufacturers of farm equipment right now. Two are headquartered in Italy, the other three are in the United States. We are very encouraged by the government's theme of Canada's place in a competitive world.
Through our association with the North American Equipment Dealers Association, we can see some changes that the U.S. government is making. Really, the focus of our request to the committee is our first recommendation—increasing the CCA—because what we're fearing is that our members may face equipment shortages solely because the United States has been very aggressive in the depreciation rates in the last five years. Currently agricultural equipment is at seven years and construction equipment is at five in the United States, and my colleagues in the United States are fairly confident the agricultural equipment is going to be moved to five—and that's fully depreciated.
So we see ourselves as caught in a situation in which we might not be able to service our customers with the equipment they need unless changes are made in that specific area.