Well, I don't know whether the CIBC could. Presumably that depends on the CIBC's charter. But L-19.1 is clear that the consultations are about either creating or designating, so the amendment has, I think, been drafted very carefully not to predetermine the nature of the organization. It could be an existing one that's designated. Somebody else could create one that would then be designated. Or the government might choose to create one. The authority to create isn't in here; it's just the authority to consult on possibly creating or designating.
On March 26th, 2007. See this statement in context.