We don't believe that this particular move will reduce access to credit. We've seen the payday loans case as well, when we had this campaign where we were pushing the provincial governments to lower the fee when it was around $21 for $100. Even then, the payday lending industry said that the access to credit is going to be reduced because there was a push to lower the fee from $21 to.... Now it's $15 on average for a payday loan. We don't see that payday lending has been eliminated. In fact, we see payday lending stores everywhere in our neighbourhoods.
We think that this is not going to happen. This industry is going to survive. In fact, as I said, Goeasy, in its annual report—and Goeasy is counted as one the biggest instalment lenders—said very clearly that it sees its growth further expanding and that it is very well suited to adapt if this change were to happen.
We have evidence and we also believe that access to fair credit will improve if this measure were to be adopted.