Personal property security registration is working very well right now. We were informed that this was a technical bill. We respect that, and we understand that this is a technical fix. What I'm trying to draw attention to is that the Bank Act security provisions, which go back to 1890, are the worst form of red tape.
If we're really talking about red tape reduction, we're talking about something that had a purpose in 1890. It doesn't have a purpose in 2012. The PPSA systems in the provinces are very effective.