Perhaps the best, most relevant deep dive we have done on this topic goes back to the Competition Bureau's fintech market study. It's some years ago now. I believe 2017 was the publishing of our report. Only a portion of it was focused on payment markets, including credit cards, but a number of recommendations in it are centred on improving competition in this space.
It focuses on how innovative new entrants can, hopefully, have an impact and focuses on recommendations to try to make sure that competition can work to its fullest, knowing that innovations are starting to come online. That includes trying to keep markets as open as possible and, if rules and regulations are being set in these industries, trying to make sure they are agnostic to the devices coming online, are flexible and are reviewed periodically. Then we can make sure that the barriers to entry, which my colleague mentioned, are as low as possible and that new innovations can bring competition to the market.