Thank you, Mr. Chair.
While this looks good on paper, I do agree with our friend from the NDP on this. Based on some of the other testimony and the lack of some other testimony as well, looking at having a blanket clause and the problems it would have.... Look, we know that the problems in the past with Superior Propane and its merger led to a major monopoly in Canada, but if we look at the other provisions that we're eliminating, like the efficiencies defence, that was enough to take care of that sort of instance.
When we looked at this case, we asked some of our witnesses like Jennifer Quaid whether this would be another provision that would take care of the issue of major monopolies. The testimony that came back was pretty clearly saying that having that percentage would bring up some other problems.
We already have a 30% in law and raising it to 60%, given the fact that it will not alone ensure that we're taking care of the problem and some of the other things we're looking at with this bill and others, we will vote no to this, but it's not that we're not looking at the other clauses. There are going to be other things on that, but given the testimony that 60% was too high, we're going to be voting against it.
Thank you.