Thank you, Mr. Chair.
Thank you to the witnesses here today. To the Auditor General, thank you for the report. It audits—with respect to the restructuring of GM and Chrysler—only one of the many things that were happening under tight timelines across the government. I think the general conclusion here that this is a general good news story may be a bit of an understatement.
I want to begin where the report itself begins. I want to ask the question, because this was a credit crisis that precipitated this financial meltdown outside of Canada. There was legitimate concern—I think Mr. Jennings you hinted at this—that if the U.S. did a restructuring of the auto industry without our participation they would have repatriated the industry back into the United States and out of Canada. Was that a legitimate concern of the government at the time?