They can, in fact, expand the industry as they bring on new capacity. And that's partially a function of the miniscule penetration rate so far in the North American travel or tourist market.

I don't think the industry has the capacity to expand much beyond the rate at which it's expanding now. When you match a relatively constrained capacity to expand against the increasing growth rate of demand for crude oil, it sets the potential course for oil to ultimately go beyond $50 a barrel.

I definitely think that if it is possible and the prime minister were able to function again even partially, it must be done.

The industry is very sensitive to the fact that delinquencies have risen over the last two years. They have already taken steps to tighten underwriting standards -- to stop solicitations to risky customers.

Capacity constraints throughout the industry have become severe.

There's an unprecedented imbalance. And it's going to get worse.