Thank you, gentlemen.
You talked about anti-competitive forces. I'm going to draw your attention to your report, on page 10, where it talks about setting the bar. You say that the majority of the group feels that the goal should allow the market to work to favour that type of response and that the minister should put in place monitoring. I'm not sure what that is exactly. It just says that it should be put in place. I'm not sure that I found in the legislation what that monitoring actually is.
Not only that, the trigger for that monitoring system should be high, but there is no definition of what high is. Clearly, your working group said that they wanted certainty and predictability in the market. Yet the one piece you want to put in place that might protect those who are fearful of the change has become “maybe it could be this, or maybe it could be that, or maybe it could be here or there or beyond the ceiling”. We don't know.
Is it somewhere in the legislation that I'm missing? Did I just not see it, or does it not exist yet because we're still waiting for the minister to figure out what the monitoring is and what the bar is?