Transport committee  Part of it—

Transport committee  If the demand is there, in our system competitors will come along to make money and become rich. This is how the system works. There are some unusual dynamics there, otherwise some of the competitors in Canada would be there to service that market. Partly it's the difference from their home base and some issues like that, but the system largely works in much of the world.

Transport committee  The airports, for all their faults, are well run. I sit down with the CEOs every couple of years. They're spending a lot of money at Pearson and Trudeau airports to improve them. They need to do that. I think it's a matter of just reducing the fees and the government taking on the responsibility that most governments around the world take toward funding the industry and funding airports particularly.

Transport committee  Thank you very much. It's a pleasure to be here in Ottawa. People from Montreal generally don't say that, but it's the centre of the world for the Canadian Parliament and system, so it's part of the experience economy to be here. My background is that I grew up in Toronto. I taught at Oxford for many years, and, about 27 or 28 years ago, I started working with British Airways and with Lufthansa.