Thank you, Mr. Chairman.
Thank you, Dr. Harriss, for rising so early and allowing us to benefit from your insights.
I want to call on a question that Mr. Shory started because you raised the issue of the domestic regulation of financial services. On Monday of this week, the committee actually heard from Mr. Suresh Madan, who talked about the limit on foreign borrowing, the deferential tax treatment for portfolio investments, and the inability of Indian companies to tap Canadian markets. We think of Canada, obviously, as a market particularly for things like mining as well as oil and gas, but mining would be a key one internationally.
What can you tell us about the ills that the Indian government—or governments, it is a federal country, of course—is wanting to address in creating these measures? As Canada is negotiating with India trying to deal with these things, how do you view the problems that they're trying to address, and what's the motivation behind these measures?