What you're describing is the market for the Annapolis Valley, where the incumbent has 96.9% of the market. In places like Cape Breton, it's 98.4%. But rural and small town communities, by and large, do not enjoy a significant level of competition.
Mr. Munro, you mentioned that they'll have deregulation where competitors are present. We've heard from a number of smaller players who are in the cable side who are saying absolutely that they will not invest the millions required to enter the telco side in their local markets if we eliminate the market share test in favour of a mere presence test and if we eliminate the win-back blackout period.
The smaller players have been consistent that in their local markets they will not risk their private capital, because they do not believe they will be able to enter those markets successfully, and they believe there will be a predatory approach from the big telcos.
So your assertion that there will be deregulation only where competitors are present is fine, but what we're hearing from the potential competitors is that they won't enter those markets, so there will not be that competition.
How would you respond to that?