Thank you very much, Mr. Chair.
Just to continue on that line, we've heard some interesting testimony about the history of postal banking with Canada Post.
Mr. Nixon, can you tell us what you know about it and about the fact that postal banking, up until it was discontinued in 1968, was actually quite profitable? What's the main difference? Why would it not be profitable now?
In fact, in your presentation you were concerned about unfair competition, so you're not afraid that it's going to be unprofitable; it's more that they'll succeed too well and impede the private sector.