Thank you, Mr. Chair.
I'll start with Ms. Durdin and Mr. Dobrzanski, please.
Ms. Durdin, you didn't get a chance to finish your comments. I wanted to pick up on a couple of things and seek some clarification.
I think what I heard from both of you is that the key element here is time, because you have a membership-driven organization so there is that kind of thing you need to do within your organization to get this sorted out and how that works.
Also, Mr. Dobrzanski, you said that the changes are something that will give the credit unions a choice to go federal or provincial, so the important thing is to set that framework in place, which this legislation basically does. That's an important thing, and I agree with you. We want to make sure that your service gets to as many places as we can. On that point we see that a lot of the major financial institutions have pulled out of the small communities.
If I understand correctly, the department has given you some indication that this probably could be two years before it would actually go into effect. Is that true?