Those comments relate more to the fact that capital markets are global and they're interconnected, versus interconnected even within Canada. Our real point there is that harmonization amongst the G-20 countries is critical, otherwise capital will flow be arbitraged in weak regulatory regimes.
It's not specifically that anything is broken in Canada. It speaks more to the fact that whether we like it or not, we're in an interconnected capital market, and to have weak regulatory jurisdictions elsewhere is not beneficial to rating agencies or participants in the capital markets.