At the moment, the current Uniform Securities Transfer Act project plans that eventually every province and territory will have the same set of rules. At the moment, the rules are consistent in eight of the provinces. Nova Scotia, we know, is drafting a law, but as of the last time I checked, had not yet tabled it. The Yukon has currently tabled one. The two territories and Prince Edward Island haven't yet, as far as we know, even started work on this.
We know this is where they are going, which is why federally we are already looking at the fact that all the financial institutions, the Canada Business Corporations Act, and the Canada Cooperatives Act, which all have these provisions, are at some point going to have to be dealt with. What we are doing is adding one more act, so that the federal regime is consistent. If you are a federal corporation or cooperative, you know what regime applies to you.
At some point, the government is going to have to deal with the fact that we will end up with one regime federally and a different regime in every province and territory. If we remove these now, there could be questions in the provinces and territories that don't yet have a securities transfer act about what rules apply in those provinces, although for the provinces that have put in a securities transfer act, we know what the rules would be and they would be consistent.
It's just the problem of having 13 jurisdictions and the time it takes to get consistency throughout them.