Maybe an example is a good way to answer that. I introduced myself to the head of the Office de la protection du consommateur when I first joined and then, as a result of COVID, we had occasion to communicate about credit ratings.
This is a serious issue, of course, that we were very concerned about. We made it clear to our regulated entities that any deferrals or skipped payments should not negatively affect the credit standing of the consumer, but we have no regulatory authority over the credit agencies. I did some outreach, again to the Office de la protection du consommateur, and also to the AMF. We had a very engaging discussion in which we agreed that we were aligned in our concern and we were able to share our knowledge: they understood what we were doing with our regulated entities and we understood what they were doing. That's a good example of where our jurisdictions touch, don't overlap, but it's important that one side knows what the other side is doing.
Is that a fair example?