You've mentioned credit card rates and the credit card industry. I think financial management systems in our country are probably the biggest inefficiency in our economy. On the consumer side, we're at upwards of 19% to 27% interest on some credit cards in general, with some even higher, and some lower if you get the right one.
I asked the Bank of Canada about the charges and service fees that are being applied to SMEs and the lack of competition there, and whether or not they had investigated providing their own credit card for small and medium-sized businesses, and they said they had actually done a study in the past.
If we don't see much adjustment in the markets, do you think we might actually look at regulation to make sure that they're in line? There's a disproportionality in terms of the amount of investment that these companies have made in order to make a profit based upon the movement of money among customers and consumers. It seems rather inefficient for SMEs to have to rely upon this cabal system and lose their profit margins. A convenience store or a gas station only makes two or three percentage points per sale, and it's almost all eaten up by credit cards.