Thank you, Mr. Chair.
On a point of information, I think if Mr. Mulcair were to actually read the Income Tax Act, he would find that the use of a credit card reward point of any kind on rewards earned on a corporate transaction is a declarable taxable benefit. That's been in the Income Tax Act for many years, I believe.
Gentlemen, thank you very much for your presentations. Has any of you studied the interest rates charged by credit card companies and the relationship between the rather high rates of 19% to 20% often charged on these credit cards and the prime interest rate? In your view, what is the average effective interest rate earned by the banks and the credit card companies on these rates?