Well, I guess I would frankly be very concerned about building regulations for something we don't know about, and I mean that in all seriousness. One of the major complaints I get from my constituents is about the plethora of regulations in whatever field one is dealing with.
If something comes up, that's why we have an Office of the Superintendent of Financial Institutions; it's to provide the oversight. When consumers have an issue, we have OSFI in place or some other ombudsperson in place for customers of financial institutions, if they have a concern. But the oversight of the financial institutions themselves—and it's very good oversight, recognized around the world for its strength....
Mr. Mai, you referred to the superintendent as a he. To my lady friends over here I'll say that it happens to be a she, and she's a very qualified young lady, the head of the Office of the Superintendent of Financial Institutions.
They provide oversight for what you may say are the unknown or the untried. To try to regulate something that hasn't been invented yet.... I don't think I want to be the author of that.