I just wanted to mention that the original intent of the legislation was very commendable. We are also consumers, even if we work in financial institutions. The bill aims to protect electronic commerce, not reduce it to nothing. Where things stand now, it is one of the tools available to businesses, organizations and individuals, to the extent that the alternative would be to go back to the methods of communication we used in the past such as newspapers and the telephone. We are trying to find a balance here.
I think you understand what we are getting at. It is not a matter of not protecting consumers against spam, but we must not throw the baby out with the bathwater. It may not be easy to strike a balance, but we should not be subjected to these competitive conditions. Today's channels of communication are not limited to Canada. If our main competitors do not pass similar legislation, we will be at a competitive disadvantage, something I am sure you do not want. That is the point we came here to make.