That's not wrong. I think any measure that makes it possible for companies to be competitive will be helpful to the manufacturing industry. We have to get a new perspective on the fact that over the past few years, globalization has taken on a meaning that did not previously exist. People talked about globalization, but did not really know what it was. It was easier to sell to our neighbours to the south, but those U.S. markets are no longer guaranteed.
The businesses that are doing better are those that invest in ways of differentiating their products. That includes research and development, but marketing must be looked at as well. Companies have to market their products and meet customer needs. Businesses that are doing well are those that have understood that. They thus produce products that meet the client's specific needs. The problem we are facing is that the client in question might be located anywhere in the world, and that's when we find ourselves creating what we call global products. For example, the BlackBerry was invented in Ontario but certainly not invented just for Ontario, but for sale in all parts of the world. That is where our market is.
So loan guarantees are necessary, but they have to encourage manufacturers to invest in manpower training and equipment modernization. That is the winning formula.