Mr. Speaker, I would like to verify something with my hon. colleague for Cumberland—Colchester. Is it not true that right now the only real assurance that the government may not be able to increase foreign ownership to 49% of Air Canada is as long as this 10% rule is in place?
If this 10% rule should be thrown out the window, so to speak, then the government would have the opportunity under regulatory powers to increase foreign ownership and in essence turn over an additional percentage of Air Canada—our national airline, or at least it once was, which had a huge amount of taxpayers' dollars in it—to another company outside Canada.