Recently there's been more writing about exploring whether the Competition Bureau needs the capacity to be able to conduct market studies. Authorities in the U.S. can compel particular information from businesses in order to keep pace with trends in the sector and then better understand where there might be emerging issues of concern. We don't have that.
In terms of a tool kit, I also mentioned independence. We do nest our Competition Bureau within the ministry and some people point to that as a potential opportunity for conflict.
I mentioned the somewhat arbitrary threshold for merger reviews. I worry and wonder that we're missing mergers that we should be a little bit more thoughtful about, and also fines. With regard to our capacity to levy fines, frankly, fines exist as a deterrent and may not be the deterrent that we hoped them to be.
The last thing I'll maybe offer is that we have other pieces of legislation that have a bit more of a schedule for review. I believe the Bank Act gets a little bit of a look every five years, so thinking about more of a schedule to do that spring cleaning and review this really important legislation could also be impactful.