The mandate was quite broad. It was to look at all aspects of payment systems regulation in Canada, looking at questions of effectiveness, safety, soundness, and competitiveness, etc. So it was to take quite a holistic approach in looking at payment systems, which essentially has not been reviewed in Canada in the last decade.
This is a very dynamic area of the financial sector. Now was felt to be a good time to look at these questions so that Canada can be positioned to be a world leader in the payment systems area.