Thank you, Mr. Chair. Good afternoon, Mr. Foster.
I have a question for you.
I don't think this was asked during the information session or when you appeared before us. The summary we were given said something along the following lines:
Under the guidance of the Heads of Agency Committee, federal regulators and provincial securities regulators agreed that the Office of the Superintendent of Financial Institutions (OSFI) is best placed to monitor the effectiveness and governance of risk controls for submission processes for the rates of the banks that submit them.
Can you tell us whether this was the opinion of the Autorité des marchés financiers du Québec, among others?