Merci, monsieur le président. I thank all panels for their presentations today.
It seems to me that we're in an age in which our corporations are having increased competitiveness globally. It is more difficult to compete, and we have a tax measure here, or an announcement of a potential tax measure, that ties us to the porch. It reduces our competitivity. It doesn't define how, but it sends the message out to the corporate world that their competitivity will be reduced, without giving the outline on how. It will be sometime in the future. I believe it was a measure that he never thought he'd implement. He thought it was a good 20-second sound bite that he could go into an election with, on competitive taxes and on tax fairness.
He followed that with income trusts and followed that with original equipment manufacturer contracts with the ISS, or in-service supply mode. You see a lot of hollowing out. There were companies being sold abroad, economic assets being sold abroad, so it makes me quite nervous on that competitivity thing.
You said, Mr. Pantaleo, that there were deals already that had fallen apart because of this thing. Do you see this contributing to Canadian corporations leaving, or to corporations not establishing themselves in Canada?