Thank you, Mr. Chair, and thank you to our guests for being here.
Mr. Goldberg, you phrased an interesting part of this discussion with regard to the different levels of competition we have and also the different expectations you have as a Canadian carrier versus that of foreign competition coming in.
I think a lot of people assume that satellite will generally cover everything, as opposed to what's really.... It might even go up to cover specific zones, as you've noted. It's the type of investment, where it's placed, a whole series of things. I don't think people really realize that.
One of the things I'm worried about, though, is if, say, in the future we do open up foreign investment and Telesat is eventually owned, perhaps, by a United States company or some other foreign company. You mentioned that there's a set of rules that can claw back right now. What would stop that company, if it does emerge under foreign ownership at the end of the day in terms of controlling shares, from challenging any attempt to claw back for Canadian content and challenge that under NAFTA? They would have a situation where they could easily show that their competition doesn't have the same requirement to provide that type of relationship and it's a harm to their business and their operations.