Sure. Absolutely.
I think you're right. That's really going to be the key, to see how fast we see the uptake. We've seen incredible uptake at some of the other hubs in the U.K. or in Australia, but it does take a multi-pronged approach.
As I said, at the chamber, we've really tried to raise awareness among our members. We've done joint events with the Canada China Business Council in Toronto. There is a lot of enthusiasm out there. The banks have also acknowledged that they have a big role to play when their trade finance people talk to businesses: “This is what we can offer in terms of cash management and trade plans. Oh, by the way, we can do the deals in renminbi and this could be a big advantage for you.”
What we're telling businesses is to first assess what their needs are, and then talk to some of their suppliers and salespeople about what the advantages are. It's very different in terms of some businesses seeing huge advantages, others being a little bit more cautious and conservative, and some saying that they're perfectly happy doing business in U.S. dollars right now. You're right. It is really a multi-pronged approach.