I'm not sure, quite frankly, if the Government of Canada could do much to impact sanctions from other regimes. That's always going to happen. We would encourage collaboration between states. It would be great if they could harmonize sanctions. It would be great if they could come up with an international harmonized sanctions list. That would be a dream.
We do appreciate that the Government of Canada has made a policy decision to have stand-alone sanctions, and that's fine. We can deal with that, but it does get complicated. I mentioned that earlier. Using Iran as an example, we have two very different regimes. We have to plow through either transactions or potential clients, drill down, get a lot of details, and make sure that there isn't a nexus to the United States.
That's not new, though. We've been dealing with having two different regimes and two different approaches for years in the case of Cuba. We've set up different infrastructure, for example, to make sure that U.S. employees recuse themselves from transactions. We insulate them to make sure that there's no tie whatsoever to the U.S. so that we can complete transactions for companies that are doing business in Cuba.
In the future we hope there will be some greater harmony, but we expect that there will always be differences.