We think it is a good idea because it provides more flexibility. If you look at corporate governance rules in other parts of the economy, there's a fair amount of flexibility here. We understand, of course, that these are Canadian financial institutions and there are rules within the legislation about keeping their Canadian character. But as the minister mentioned quite eloquently earlier today, these are international financial institutions. They have a base here, and quite frankly, they pay most of their taxes and keep their employment here, but they're international.
As you grow internationally, you need to have the perspectives on what is going on in the world. Sometimes it's very useful to have on your board senior qualified representatives from foreign jurisdictions, from foreign financial institutions that you've partnered with or acquired, and so on, so that they can bring in those perspectives. I think it's all about bringing perspectives, because boards work best when you have a variety of views. If you're planning internationally, your board should reflect that.
That would be our take, but I turn to Serge.