Finance committee  That's right. It's unclear to us when the clock starts, whether it started with the bill being put in the House, whether it starts at the end of the consultation period or whether there's flexibility in when it starts.

Finance committee  That's right.

Finance committee  I would hesitate to put a timetable on it, but at the minimum it would be two years after the enactment of the bill.

Finance committee  You're referring to the tax credit. As you know, credit unions—

Finance committee  That's right, it was part of the budget submission. Is that what you're referring to? The tax credit relates to retained earnings. It's a credit on 5% growth of retained earnings. It's for credit unions. As you know, credit unions maintain all of their capital through their reta

Finance committee  Yes.

Finance committee  Yes, that's my understanding.

Finance committee  I'm afraid I don't know the answer to that question.

Finance committee  No.

Finance committee  It is in order for us to really clearly understand what changes are needed at the provincial level and the time to implement those changes.

Finance committee  I'm not suggesting a specific period of time just yet, because we're still in the process of trying to figure it out.

Finance committee  Yes.

Finance committee  Yes, or later.

Finance committee  Yes. The provincial regulators, as I understand it, have met and met with federal financial officials. That discussion is under way.

Finance committee  I think that's correct.