Thank you, Mr. Chair.
Thank you to the presenters here today.
I don't have any steel producers in my riding, so the issue of steel and the production of steel is really something I'm quickly learning about. I'm glad that we're all on the same page on this bill, because it makes it easier for me.
My questions are probably going to be fairly basic for you. As you were doing your presentations, I had a million questions in my head. As you will see, on certain things I will ask why, or what does that mean?
This is for anyone here who wants to talk about it. A couple of people talked about overcapacity and mentioned that it was a real threat, and somebody said there was a “global overcapacity”. What does that mean? Can you tell me, in terms that I can understand, what that really means and why it is such a threat?