There's one amendment in particular in the bill, which in fact we've discussed with the Co-operative Union...the CUCC—sorry, I have the acronym, but I forget the different parts—that is allowing a retail association of credit unions to be created with a lower threshold. Currently under the act, such an association to provide services to credit unions can be created if you have ten credit unions getting together in creating such an association. We're lowering that threshold to allow two credit unions alone to do it. That means that two credit unions, which might be in separate jurisdictions in the country, can get together, for example, to share data processing and share other services that they can then render to themselves. It's allowing them to establish more competitive platforms nationally, getting together and becoming more competitive.
On February 15th, 2007. See this statement in context.