Sure, I'd be very happy to provide my perspective on that.
What Mr. Sawiris said, I think, is a view that would be shared in almost any industry across the world. The reality, in my view, is that what we need, as Canadians, is a vigorously competitive market, and the market will determine how many parties would be the efficient way to do that.
By reducing restrictions on foreign capital, what you do is permit vigorous competition, and the threat of increasing competition coming in down the road is a very strong competitive factor. None of the existing big three have had that threat, and it's very evident if you look at the profit margins. So that is what we would be addressing.
I want to speak just a little bit about something else. The reports that we're endorsing, the recommendations we're endorsing, aren't necessarily opening the floodgates in that sense. We're endorsing an approach where cabinet would review these things and deem whether they're in the public interest or not, and that's an interesting input for them to have.
Now, there's a rebuttable presumption with respect to the smaller operators and no such presumption with the larger operators that it would still have to be in the public interest. And there are examples with the Investment Canada Act, which I think probably most people are familiar with, about the kinds of commitments and understandings that can be reached in permitting those types of transactions.