I come from a retail business myself, and every year we wrote off literally thousands of dollars of bad debts. That was probably the case, depending on the type of business, but that has pretty much been erased. So in your defence, I think we all agree that the service you provide is incredibly important to our economy. We would very much like to see that sort of resolution take place.
There was a concern about Interac, in that the new cards would have the ability to completely overtake it. What assurances do we have that this is not the direction Visa and MasterCard are going in?