Very much so. Certainly at a time like this you realize how important that is. Canada has an extremely compact group of regulators, and I believe Mr. Davies mentioned that. When it comes to a crisis situation, there is great communication between the Department of Finance and the regulators and the Bank of Canada. Then there is a seat at the table that should be somebody talking about the securities industry. At the moment we would have to pull up 13 chairs to that table to get that to happen. Yes, the industry is very supportive of that initiative.
On March 12th, 2009. See this statement in context.