Thanks, Mr. Chair, and thanks to the witnesses.
I note that one of the witnesses earlier, and I can't remember which one, said that it is an expensive business that you run. I'm interested in understanding that extending credit to your customers is certainly a service, but I want to know how profitable it is for each one of you.
Could each one of you remark on what the profit is that your financial institution makes from offering credit card services to your clients?
I'll start with Ms. Douglas from Bank of Montreal.