I don't want to speculate about how organized or disorganized they might be behind the scenes, because I don't have a special insight into how the different political offices work. However, I know that we as an association have been talking to the government for some time about, for example, whether the FCAC would be a good body. For the record, the FCAC is a body that Fintechs Canada endorsed and advised the government to pick in January, so I think thought and consideration were given to which Canadian regulator would be best, and we at Fintechs Canada are happy with the choice.
On May 31st, 2024. See this statement in context.