Thank you, Mr. Chairman. I'd also like to thank the witnesses for joining us here this morning.
I'd like you to clarify something for me. You talked about being able to compete with other countries. I note here that it takes you 22 hours and 27 minutes to manufacture a vehicle. Productivity in Canada is 4.6% higher than in the United States, and 39% higher than in Mexico. We talk about the value of the dollar and of US companies like General Motors. Our Canadian dollar is worth 90 cents US. You are in fact competitive withe respect to US manufacturers.
Which countries are considered direct competitors of yours? How can we help you become more competitive? You're already number one in this category. The Oshawa Number 2 plant can turn out a vehicle in 15.8 hours, while the Oshawa Number 1 plant can accomplish the feat in 17.9 hours. In my estimation, we're already leading the way here in Canada when it comes to automobile manufacturing. What kind of competition do you face from other countries?