It's not an easy balance. The credit card industry in Canada is dominated by two or three, and maybe now four, players, given the entry of Discover into Canada.
Given that they have such a dominance in that particular market, we believe there needs to be a little bit of oversight in terms of how they operate in conjunction with the merchant side of the community. Hence, we felt the code of conduct was a great step forward in trying to create some of that oversight.
We knew, as I mentioned earlier, that it had to be a document that would evolve as this industry evolves because it's a rapidly changing industry. We can learn from what's going on in other countries and perhaps try to adapt in Canada before it hits our merchants and consumers too quickly.
So it is a balance. We're not big fans of going too far in regulating the industry, but at the same time we need to balance that with what's happening in the marketplace when it comes to merchant fees and how they're being imposed on small business owners and, of course, ultimately on consumers.