No. I would not put it into legislation for reasons that I think Sandy Walker mentioned earlier, which are that it's much easier to change and amplify regulation, and that's where you would put it.
I think you need a more articulated regime than you have right now to give the minister, who will ultimately have some discretion here at the end of the day to intervene when needed.
We are making this up as we go, and so are our allies. There is no set playbook here. This is not ready for textbooks yet in terms of how you deal with this particular data-driven, knowledge-based economy with all of the negative externalities in the social and political spaces. What we have to do is to provide ourselves with some flexibility.
I hearken back to my own days of developing legislation in the financial sector. We provided the Minister of Finance with an awful lot of flexibility and discretion in approving who could own a bank in Canada. That stood us very well, ultimately, in the great financial crisis. We came out of that with the strongest financial sector in the world.
When times are changing, you need flexibility and you need discretion. That cuts against transparency, but at least you tell them where you are going to be looking, and you have to give some indication of what your criteria are.