Industry committee  Of the satellites that we have, eight satellites are over the North American arc. Again, a satellite is capable of seeing about a third of the earth's surface. Of the others ones we have, three satellites are over the Atlantic Ocean region, and these satellites are capable of providing service to North America, Central America, Latin America--

Industry committee  Two of those satellites are licensed to us by the Federal Communications Commission in the U.S. We have one orbital location through the Government of Brazil, and their regulator is called Anatel. We have one through the Government of Tonga, which has gotten itself into the business of filing for orbital locations and dispersing them to other companies.

Industry committee  I'm not 100% familiar with the SIRIUS situation, but I think the very important distinction between what Telesat does and what SIRIUS does is exactly the point that Mr. Bureau raised earlier about the difference between a BDU and something like Telesat, which is not a BDU and owns just a pipe.

Industry committee  Could you repeat the question, please?

Industry committee  Succinctly, I was listening very closely to Mr. Bureau, and we are not a BDU. Unlike the BDUs, we don't really influence—never mind “don't really”; we don't influence at all what programming is distributed up there, or in Canada, or anywhere else in the world. Mr. Bureau said the BDUs are not just a pipe.

Industry committee  You've nailed about 80% of it, which is better than I usually do the first time around. Thank you for your compliments about Telesat. I share your view. It's a great company. It's a company that is actually doing quite well today. We've been growing very, very rapidly. I believe we do have additional opportunities for organic growth, so I don't want to paint the picture that but for being able to grow through consolidation, we're never going to grow our business any further.

Industry committee  Thank you very much, Mr. Chairman and members of the committee. I am Dan Goldberg, president and CEO of Telesat. I am here today with Ian Scott, Telesat's executive director of government and regulatory affairs. Thanks very much for inviting us this morning to discuss this important issue.