Thank you, Mr. Chair.
Mr. Rheault, earlier, in response to one of my questions, you said that one of my statements was false. We may not have time today to explore what was false in what I said, but if you could report back to the committee about it, that would be a good thing. It would help us to get the right information from your perspective.
Earlier, I asked you a question about jobs. I did not feel you were very confident about jobs. We know that the European Commission has twice suspended its analysis of the transaction between Air Transat and Air Canada due to a lack of cooperation on your part. According to the sale agreement, Air Canada has the final word on any major operational decisions. The transaction has been on the table for almost two years. That means Air Transat's management have had their hands tied for two years.
It's well known that Air Transat is having financial difficulties, and we learned in the Air Transat proxy circular on the new sale to Air Canada, that apparently Air Canada refused a credit facility for Air Transat on two occasions, May 6 and August 7, 2020.
I'd like to know what Air Canada's strategy is. Is it to weaken Air Transat to the point of bankruptcy so that it doesn't have to spend $200 million to eliminate a competitor?