Good afternoon, Mr. Commissioner and everybody. It's always a pleasure to see you here. It seems as if we see you every fiscal quarter, so that's always very good.
We had some witnesses who came here on Tuesday. One of the important things that were recognized was the fact that Canada has a comparative advantage in North America, and indeed compared with other countries, because of our privacy laws, which are very commensurate with Europe's. Now with Europe launching a new level of regulation in May of 2018, there has been some discussion that Canada must change its privacy laws to be commensurate with those of the European Union.
Can you provide some commentary on what you think we should do or what specific aspects are necessary to not lose that comparative advantage, especially since now we're in the process of finalizing, or I guess we've passed, CETA?