Thank you, Madam Chair. I will be sharing some time with Mr. Badawey.
Mr. Dee, welcome. I want to talk about ultra-low-cost airlines. We had representatives of one operation that proposes to set up a business in Canada. They mentioned that they were looking for a ministerial exemption in order to get their ownership ratio to 49% foreign-owned. They also mentioned that while these exemptions have been around for a while, none have actually ever been granted. Are you aware of the dynamic there?