Thank you very much, Mr. MacGregor.
I'm just going to ask Professor Lee one very quick question.
Thank you for preparing this document that was made available to the committee members. You referenced Loblaws' margins being about 3.7% and Empire's 2.7%. I think you introduced important testimony about food price inflation elsewhere in the world, right? This is a very nuanced conversation even within our own country, but then you lather on other jurisdictions to help give some comparative examples. That doesn't make the issue go away here, but it does give context.
Do you have any sense of what retail margins would be for large supermarkets similar to Loblaws or Empire in other jurisdictions? Have you done any research in that domain?