I will make this short.
Telecommunications is an interesting case. You know very well that Minister Clement announced his intention to open this industry up soon to foreign investment. We also know that the three large companies that are currently sharing the market are not very popular and that people see this decision as a positive one. However, we should keep in mind that, over the last two years, Canada has gone from 4 to 11 mobile network operators. We are the second country in terms of mobile network operators. Other countries, with the exception of four countries that include Canada, have a maximum of four mobile network operators. So, even though they allow foreign ownership, those countries don't have more than four mobile network operators.
What I'm trying to say is that, if we allow foreign ownership, it is obvious that the easiest solution for companies like AT&T, Vodafone or others that want to integrate the market is not setting up a parallel structure, but rather acquiring existing companies. When all is said and done, the result will not necessarily be more competition.
In this case, if such a transaction is brought before Industry Canada, the issue will consist in determining whether, though it does not involve natural resources, for instance, the transaction will be assessed to determine if it is to the benefit of Canada and what this benefit is based on. There is currently no way to know this. We think that this will not be the case, but transparency is a glaring issue here. The brief I submitted also talks about our concerns regarding tar sands and the mining sector. We see the transparency issue as a key one.