I will start with the last part of your question.
No, we are not in talks with the Department of Finance regarding a new tax on transactions or capital. In Canada, about five years ago in certain provinces, and some ten years ago at the federal level, there was such a capital tax. In my view, a capital tax is a very bad idea. But the idea of regulating capital is very important.
The Bank of Canada, the Office of the Superintendent of Financial Institutions, our regulator, and the Department of Finance work together very closely at the international level to enhance rules about capital for all financial institutions, but as for European and American institutions—