As is shocking to everyone in this room, the decisions are not made in the local banks here in Windsor any more about how our accounts are allowed to function. When these issues go up to Toronto, to the banking credit managers there, they just shake their heads and ask us, “Are you guys nuts?” But we really don't have a choice about this, because we're being pitted against each other by our customers: “Well, Dan's shop is doing it. If you want to be a player, if you want to quote, you have to do this.” We're also being told that if we want to quote on a domestic job, we have to provide them with quotes from LCC—“low-cost country”—content. We have to get for them Chinese quotes that compete with our own quotes, in order to have them take a look at our quotes.
On November 23rd, 2006. See this statement in context.