Thank you, Mr. Chair.
Welcome to our witnesses from Transport Canada. It's great to see you here again.
I believe we must have a robust, healthy and competitive airline industry in Canada that serves Canadians well, and at reasonable prices, regionally, nationally and internationally. To achieve that requires the right balance between financially strong large Canadian airlines, regional airlines, niche airlines and foreign competitors, plus the right legal and regulatory environment. Of course, there are conflicting and reasonable interests on all sides. This is not an easy balance to achieve, and it cannot be solved by simplistic solutions, which often make things worse, in my view.
Having said that, as the policy people from TC, do you believe we have reached a reasonable balance in Canada, and if not, where do you think Canada is deficient?