Thank you, Mr. Chair.
I would like to thank all of the witnesses for coming here this morning to share their views and their vision for the future.
I'd like to focus on the satellite sector, although I will have a question later on for Mr. Bureau.
Mr. Goldberg, if I understood you correctly...I'm going to try to summarize, and you can tell me if I'm going wrong. You've made it clear that for a company such as Telesat, which by the way I think is a great company, with 40 years of great success, you feel it's imperative for you to grow to achieve greater scale if you're to continue to exist. If I understand correctly, you are maxed out on foreign ownership at this point, according to the rules, and you don't want to explore the option of borrowing to grow. In other words, you don't want to take on additional debt at this point, and you see growth primarily being through acquisition of foreign carriers, but in exchange for them receiving equity, therefore increasing the foreign ownership in Telesat.
Is that a rough summary?