Thank you, Mr. Johns.
The threshold, when corporations come to purchase fish plants and access and so on, it's a high bar. For our country I believe the number is $480 million. That catches the attention of Industry Canada. It's in that range, and a corporation coming in at $1.2 million catches their attention.
Sometimes what happens in coastal communities, and perhaps if Mr. Mallet might have been able to be on.... We've seen in New Brunswick where smaller plants are being, I won't say gobbled up, but being purchased. This is being done in a very systematic way so at the end of the day we now have a conglomeration owned by one entity, which perhaps, if they continue on, could make the threshold.
These things are concerning. It's not making the radar and that is a problem in itself. On the west coast—and you know this probably better than I—there is a lot of foreign ownership and it's not clearly understood. The committee raised it in the report in 2019, I believe, as a recommendation to have some public registry. We need to understand who is owning our resource on the west coast and we continue to advocate for that recommendation, and again, it's a public resource for [Technical difficulty—Editor] the country [Technical difficulty—Editor] I can compare to elsewhere.
I'm breaking up.