With respect to the increased concentration in the industry, do you really need to be bigger to be better, to be more globally competitive?
The last time we saw a sector come before us at committee, many years ago—I think my colleague here was present—we saw the banking industry come before us, also asking for increased mergers to make them globally competitive. Those mergers weren't approved at that time.
Why is it you feel you need greater concentration in the industry, further mergers, to be more globally competitive?