Thank you, Madam Chair.
Thank you to our witnesses. I'd like to ask my questions of Mr. DiCaro, Mr. Kingston, Mr. Poirier and Mr. Volpe.
Generally speaking, what we've had to do in the auto sector is a lot of last-minute negotiation in an attempt to secure products. A lot of things come at the last minute.
Now that the U.S. has a formula that's accountable, public and transparent, would we be better off moving to a similar model to match that? One of the things I've always faced on the Hill is that other members are not familiar with the auto industry. Even when we had the loans, they called it a bailout. Even when we made money on the loans, they called it a bailout. They've called for other industries to get the same, and there hasn't been political support at times.
I'll start with Mr. DiCaro.
If the U.S. moves on this formula, would it make sense for us to consider doing that? I ask because when we don't win a project, we don't know what went on or what we offered. It's never given to the public by the feds or the province; that's never released to the public. I think that's what sticks in the craw of a lot of members and also a lot of the public I hear from. These are secretive negotiations at the end of the day. Now we have one in front of us that's transparent from the United States.
I'll start with Mr. DiCaro, and then go to Mr. Kingston, Mr. Poirier and Mr. Volpe, please.