Thank you, Mr. Chair.
Thank you to all the witnesses for being here today. We have so many great witnesses and so little time. Five minutes will go by so quickly, so I do apologize if I step in and ask you to stop and then move on to someone else.
Ms. Meredith, I'll start with you.
The payment task force review presented its final report to the Minister of Finance in late 2011. There were a number of recommendations made. We are talking about the report stating that EU countries—and I believe there were over 20—and BRIC countries are outpacing Canada's transition to digital payments, with obvious negative implications for Canada in terms of global competitiveness and interoperability.
Maybe you can talk about a couple of those recommendations. As well, to your knowledge, have any of the recommendations that you put forward in the report—I believe it was called “Moving Canada into the Digital Age”—been acted upon?