Gentlemen, thanks for joining us today.
Mr. Senneville, you shouldn't have felt nervous. You did great.
Mr. St-Onge, I like the fact that you mention there are more Tim Hortons outlets around than post offices. I wish we had one close right now.
I want to chat a bit about postal banking. It's been presented often as a panacea for all problems. We met a gentleman who was the mayor of Chipman, a community in New Brunswick. It's a small community, but it is growing. They have a solid industrial base with a J.D. Irving plant there, and they were suffering the loss of a bank. He brought up the possibility of a postal bank. We asked him afterwards if the town would be willing to subsidize it, and he said, “Oh, absolutely not. There's no way we could afford to. It will never make money.”
I have to ask a question of those pushing for postal banking. If a bank can't make it in a growing small town that is offering free land and a free building but can't entice anyone to put in a bank, how can you make money in postal banking in these small communities?