Thank you for the question.
It is a big subject so it's tough to narrow it all down. I'll address it from the financial industry first, and then I will talk about some others.
On financial industry competitiveness, we already have such a great brand and reputation, we being the Canadian financial system. It's not as though we are re-creating that; we are adding to it. We're adding products and services for a system that is sound, solid, and run well, but typically operates just on Canadian dollars. We're now adding a product to the mix to be able to run additional services for our client base to help them become more competitive in RMB.
We are currently trading in proxy RMB currency. It is sometimes tough to think about, but the CNH, which is the currency that settles in Hong Kong and trades as a proxy to the RMB, we are already trading that with our clients, and we are seeing a considerably jump in increased volumes.
As the commercial market through the hub adds direct demand to the financial industry's client base, predominantly Canadian commercials, that will give us an automatic increase in that activity. That puts us more on the map globally speaking as we trade with other institutions around the world, not just onshore China, for that product.