My thanks to the witnesses for being here. I have a bit of déjà vu in reverse, recalling Bill C-25, when I was parliamentary secretary, to see Mr. Byers and Mr. Staples again on this.
I guess I'm scratching my head wondering whether this is the best committee or the best vehicle in which to raise the concerns about this particular sale.
We are looking at it from the narrow perspective of the Canada Investment Act, but I'm concerned more abundantly about Bill C-25, the guarantees that may or may not have been in there. Mr. Byers and I would not have anticipated—though perhaps we should have—the future developments that could take place, the buy-out. But I do recall one thing that has not been raised by any of the witnesses at this point, and I'd like to get your comment on it.
Shutter control remains the authority or the purview of the Governor in Council, the Minister of Defence, the Minister of Foreign Affairs, all of which is in the act and the undertaking. I am wondering if any of you could expand on the undertaking and agreement, or on what might be a question of assignment should this company find itself sold to another company. The Canadian government retains some authority from the limited perspective of shutter control, if I recall the legislation well enough.
It seems to me that the deal cannot be a sale without the covenants that were guaranteed and agreed to by the Canadian government when, in 2005, the satellite was conceived and the legislation passed.