That's correct, unless you're federally regulated. There are a handful, but it hasn't really caught fire because it's so hard and time consuming to go through that process.
Now there is one example of a federal credit union in Saskatchewan seeking to merge with a provincially regulated credit union in Alberta, so I guess we'll see. There will be lots of interesting processes that they're going to have to go through. It hasn't ever happened; it has not been contemplated by the regulation at either level of government.