Thank you all for coming. We've heard a lot of testimony across the country not just from CUPW members but also from other members of the community about the desire for postal banking services and the additional revenues that could be used to help fund the operations of Canada Post.
We've also heard some commentary that the banks and various lobbying groups are speaking out of both sides of their mouths and they say, first of all, that there's plenty of competition and then that they couldn't handle competition from Canada Post were it to enter the market.
With respect to online banking services, Mr. Hannah, as someone representing the banks, do you see that Canadian banks have the lion's share of online banking services in Canada or do foreign competitors like PayPal or other foreign offerers of these services hold the majority of the online transactional market in Canada?