I would like to thank the witnesses very much for coming to speak to us about a topic, which as the chair pointed out, is quite complex. And for that very reason, we have to study this part of the bill, indeed the entire Investment Canada Act, thoroughly.
I would like to focus on the increasing threshold that will be put in place over the next five years. The increase will actually lead to fewer and fewer transactions being subject to the Investment Canada Act. They will just be approved without a real review. A company like Future Shop could just end up in the hands of foreign investors, and we would lose one or more Canadian companies.
As far as the higher threshold goes, I'd like to know whether you've done an assessment of how many acquisitions would no longer be subject to the application of the Investment Canada Act.