Mr. Berthelette, the Auditor General notes in the report what the effects of a credit crisis look like in terms of the negative effects on the auto industry. There are no viable alternatives if the auto industry goes under. For the very same reasons there would be no access to capital, businesses couldn't purchase inventories or take on new hires, or anything like that. Is that a fair assessment as well?
On March 30th, 2015. See this statement in context.