I want to go back to testimony from our previous day of meetings, from Dimitri Ypsilanti from the OECD. I'll just read from his testimony and then have you remark on what he has to say. He says:
What about the costs of foreign investment restrictions on the telecommunication sector? I believe these costs are quite high. First, there's a higher cost of capital and the potential difficulty for new entrants to get access to equity capital. Canada, relatively speaking, has a fairly small capital market, and in a capital-intensive sector such as telecommunications, it is important for companies, even if they're Canadian-based companies, to go outside to obtain equity capital
Let me start with Shaw and get your remarks on that.