I agree with what you just said, that you're going to lose that and that more voices are better than a single, solitary voice.
The larger issue with SOEs—I've made a very similar argument for years, similar to Jack Mintz—is that it's unfair competition. It's not a level playing field for everybody. They do not play by the rules. If they lose money, they go to the government and say, “Give me more money.” It's the same problem I have with commercial Crown corporations. When it was still owned by the government, Air Canada would.... Guess what. If it lost money, we gave it more money. That's not competition. That's just going to your sugar daddy, the Government of Canada, and digging into the deep pocket of the taxpayer.
The whole point, if you believe in the level playing field and if you believe in the Competition Act of Canada and the Competition Tribunal, is that we want more competition on a level playing field. Any SOE—I don't care if it's Chinese or Canadian or if it's British or French—does not compete for capital. They do not compete for anything because, at the end of the day, if they need more, they go to the government that owns them and they get it from the government. That's the problem. All SOE transactions should be scrutinized.