Thank you very much.
I have a question for Mr. Lee.
In your testimony, you compared what happened in the United States to what happened in Canada. Based on what you have said, Canada was protected by a number of systems, in a way. You referred to the Department of Finance, the government, members, to almost everyone, actually. Everything seems fine and dandy in Canada, even the regulatory system.
However, further on you recommend that there be one single securities commission. Well, you must know that that is an area of provincial jurisdiction, and that has always been the case. In other words, you are prepared to see the government engaged in a constitutional war. You know that in Quebec, there was a great outcry in reaction to the government's expressed intention. Do you think it would be productive to go that route? We have got good performance, but you want to stir things up, at the risk of creating a furor. In fact, it is already the case. I'm having a hard time understanding your arguments.
Could you give me further explanations?