The fact remains that it is unbelievable to be getting non-answers more than we get answers.
Mr. Peters, you are essentially saying that because you do not want to have two categories of clients, you keep the rate the same in order to have predictability over time, so people bear the same costs at all times. And yet lowering fees from $1.00 to $0.75 also allows for predictability. I do not understand what the difference is. You could have lowered the rates if you had wanted to, but you chose not to do it. It is actually unbelievable. I am going to stop here on your testimony.
Mr. Brownlee and Mr. Lampron, you said that some countries, including Australia and England, had lowered the rates to 0.5%, if I understood correctly. Have empirical studies been done to show that this rate reduction or the rate set in some countries helped small businesses? In Canada, this week is Small Business Week. It almost looks like the government handed out a gift, when that is absolutely not the case, as has been proved this morning.
I would like to hear Mr. Brownlee's answer first.