Mr. Lachaîne, I think you made some excellent comments. You very carefully explained the downside of constrictive and restrictive government corporate welfare programs.
I agree with you that the government would have been far better off having a simple liquidity program that would put cash in the hands of businesses by reimbursing some of their remittances and then allowing them to direct it to whatever they thought most necessary. Trying to create a separate, highly prescriptive government program for every item in a business's budget is not working. They have one for wage subsidies, they're going to try to come up with one for rent, and they've tried to come up with a very small loan program.
I think they would have been far better off just reimbursing businesses with a large amount of liquidity that businesses could use, depending on their own particular circumstance, as is happening in other countries around the world. That has been delivered very effectively. I want to thank you for your testimony in that regard.
I also want to ask you about the post-COVID period. We can't subsidize every industry into success. We'd have to take more money out of the economy than we have to pay for. What do you think we can do post-COVID to unleash economic production so we can afford the quality of life that Canadians have come to expect?