Industry committee  The sad truth for our business is that today the Canadian government does more business with our foreign-owned competitors than they do with us. I think of Intelsat, which is a big supplier to the Canadian government. I think of Inmarsat, which is a very large supplier to the Can

Industry committee  I can maybe start with the satellite sector. The fact of the matter is, if Telesat does become marginalized over time, it's going to reduce competition in this market, and that's going to hurt Canadian consumers. I don't know of any other way to put it. We are scrapping day in

Industry committee  There are a couple of things. Industry Canada's licensing authority is a giant stick. Take our U.S. competitor. At this point in time, while the FCC licenses many different operators, and a couple of them are actually headquartered in the U.S., none of them are owned any more by

Industry committee  It is for two things, and that's one of them. One is to have a stock currency we can use to acquire other companies, because not all selling shareholders just want cash. If you bring satellite companies together, you create value. Oftentimes, the selling shareholders want to be p

Industry committee  No.

Industry committee  It is the latter. It is a very anomalous situation. Our U.S. and European competitors come to this market to compete with us, and we lose business to them all too often, including from DND. We recently lost some attractive business there. Our competitors come in and they don't

Industry committee  No. Zippo. For a decade now, they've been authorized to come in and compete with us, and they do. We have 12 satellites. Industry Canada has licensed 75 foreign satellites to come in. They cream-skim the bottom of the country....

Industry committee  Do you mean commercial--

Industry committee  Communications satellites? There are a few hundred.

Industry committee  I told you that Intelsat has 56 today. They have eight more under construction. The bigger guys are getting bigger and bigger and bigger than we are every single day.

Industry committee  We will be increasingly marginalized. Absolutely.

Industry committee  Mexico has restrictions. Outside of Mexico, our larger competitors are Intelsat, Eutelsat, and SES. None of these guys face these restrictions.

Industry committee  Absolutely.

Industry committee  No.

Industry committee  In the commercial satellite industry, the satellites themselves are owned by individual companies. We own 12 satellites, and our competitors, as I mentioned, have much larger fleets. In order to actually have the satellite in space, a company like ours needs to go to a country, a