Mr. Speaker, I thank that member for Abbotsford for his question. As a former minister, he has experience dealing internationally with a number of different matters.
What has changed significantly is the vulnerability in the financial capabilities of some companies right now. In some sectors, like the mould-makers sector I represent, companies would traditionally, if they had a hard time transitioning, find new ownership. If somebody was looking to retire or take the next step, their company might be sold outright. Now we have questions about companies that are doing well and building up but that do not have the equity to continue. They could be bought in a fire sale. That is the concern.
There has been a lot of support to try to deal with the solvency issues taking place, but at the same time, there are so many mid-range companies that could be vulnerable. It has taken so much work for them to build up, and the innovation that is taking place with some of them is incredible. We do not want to lose them, but that is taking place. Under COVID-19, they are even more vulnerable.