So this interim board of seven members will form the basis of the new board of the new for-profit entity if the transition to a new organization, a new for-profit commercial entity, is allowed. So the views of this interim board, I think, are pretty important with respect to the future of the Interac system in Canada, provided that the Competition Bureau grants that amended consent order.
So my question to you is this. In your opening remarks you remarked on the fact that internal changes to Interac are not enough and that three additional things need to happen in order to ensure a competitive payment system in Canada: first, a need for greater transparency in cardholder choice; second, a need for greater transparency in merchant choice; and third, having the same basic rules for all providers. Can you tell this committee what the views of the new interim board are with respect to these issues, and more generally with respect to the future of the payment system in Canada?