Obviously, the regulatory structure can have a serious impact on the ultimate determination of market prices. If Canada wants to be competitive, it will really have to catch up with what is happening in countries that have implemented effective mechanisms, particularly in Europe.
We hope that the regulatory framework will be as close as possible to the modalities that exist in Europe and will eventually be implemented in the United States. The objective here is that there be fungibility between the situation in Canada and that which prevails in other countries. I think we would be doing a disservice to our large corporations and to our Canadian multinationals if we failed to adopt a regulatory structure comparable to what can be found in Europe.