I would think that would be reasonable. In other words, if you've done badly and you want to come back to the well, we may be concerned that you would do badly again.
One small point is that I think you'd have to be just as hard on Canadian companies. Otherwise, you get into difficulties with discrimination under international trade agreements. We don't want a situation where you give the Chinese a good excuse to beat up on a company; they may anyway. We need to have high standards for us and high standards for them.