Thank you, Mr. Chairman.
Mr. Minister, gentlemen, welcome to our committee.
If I were the chairman of the CRTC, knowing full well that Globalive has already paid $442 million to the government, an amount that is more than relatively significant, I would certainly not make my decision lightly.
Let us refer to the decision made by the CRTC, specifically at paragraph 116, which I am going to quote:
Notwithstanding these additional changes, significant concerns remain with respect to the control in fact of Globalive by Orascom. In the present case, the record shows that Orascom, a non-Canadian: holds two thirds of Globalive's equity; is the principal source of technical expertise; and provides Globalive with access to an established wireless trademark.
Do you believe that Orascom does indeed hold two thirds of Globalive's equity?