Thank you, Madam Chair.
During testimony today, some witnesses have alluded to the fact that we really don't have a timely way of knowing if takeovers are happening unless a publicly traded company has had to tell its investors or until the takeover is finalized, so that's a feature that's somewhat unique to the Canadian system, I would think.
I'm just wondering, Professor Balding, if you want to speak at all to the principle of transparency in terms of any sort of review framework that countries around the world have implemented to have some public awareness of what is happening with regard to state-owned enterprises or state-influenced enterprises' investments into countries, and particularly if you want to speak to best practices.