Yes, if only there were a federal government agency involved in payday loans.... Perhaps it could happen.
I have a question for Mr. Hannah.
I want to thank you for a very succinct presentation, but to make it even shorter, it seems to me that you were arguing that Canada has a well-developed banking sector and therefore does not need postal banking.
Another country that's had a well-developed banking sector for a long time is Switzerland, yet the Swiss post office has gotten into banking in a very successful way. I wonder if you have any reaction to that.