A lot of Americans think TD is an American bank, which is quite interesting.
I have about a minute left. I wanted to ask Mr. Campbell a question that's often raised here in public policy in terms of the banking sector and the regulation of the sector.
There are those like my good friend John McCallum who will say that the reason we have a very solid financial sector, especially with respect to banking, is that we prevented mergers—his government prevented mergers—and that is why it's solid. There are those who argue differently—including me—and who say no, it's actually the capital ratios, the leverage ratios, that are in fact responsible for the soundness of our institutions and therefore the overall soundness of our system. I certainly credit OSFI with a lot of their prudential regulation.
But I did want to get you on the record, Mr. Campbell, on that policy question.