Finance committee  Yes. I can't speak to the other three; I'm sorry.

Finance committee  As Mr. Goldberg explained, they have a foreign partner—Loral Skynet—and they are more or less at the limit in terms of their ability to issue shares to non-Canadians. They are seeking the flexibility to potentially acquire other smaller companies through share exchanges. For example, if they wanted to acquire a smaller satellite provider that offers service in the Middle East, where they actually have a gap--Telesat is not in a position to offer service there--they could do a share swap.

Finance committee  This change will itself be permissive; that is to say, it doesn't follow that there's necessarily going to be any impact. It's just permissive. If passed, this provision will allow the four Canadian satellite companies, if they so choose, to increase their foreign ownership. But they are still required to operate in Canada under other regulatory requirements of the government.

Finance committee  I think the rationale for this change has been best expressed by Canada's largest satellite company, which is Telesat. Just on Tuesday the CEO of Telesat, Mr. Goldberg, testified before the Standing Committee on Industry on the benefits of changing the foreign investment restrictions as they applied to his company.