We haven't done any specific studies either, but I certainly concur with Mr. Fedchun on the reality of what chief executive officers are saying.
As I mentioned before, we've invested $8.5 billion in the last few years to upgrade plants and make them the most productive, highest-quality plants we can. Obviously if we don't have markets for our products, the decision-makers who are not locating in Canada will decide one way or the other on the best place to produce those vehicles.
Canada has become for some companies the highest-cost jurisdiction in which to produce. That does not bode well for future investment. We have to look to every possible avenue to maximize the utilization of these plants and find ways to keep these global mandates here in Canada. We have a tough job ahead of us.
I appeared before the industry committee last week, and when you look at all of the factors that we as an industry are faced with now, whether it's the Canadian dollar, the high-cost jurisdiction, or the Korea free trade agreement, all of these things are now being factored into decision-making. We can't respond to one or the other because we look at things in totality, in an aggregate form, and that determines whether new product mandates are going to be established for the future.