Generally speaking, I think the report was a glowing endorsement by the Auditor General of the regulation of the Canadian financial sector. I don't want to put words in the mouth of the deputy auditor general. We think it has been a good report and generally a good endorsement of how the sector has operated in Canada.
It is true that there are a number of recommendations, one of which was with respect to terms of reference for the senior advisory committee. We said we would look at that and have decided at the end of the day not to implement it, not to write terms of reference for that committee. In the ultimate scheme of things, that's a relatively minor aspect of the Auditor General's report on the regulation of the financial sector and the six big banks in Canada.
The other aspect that involved the Department of Finance more directly was the financial information requirements that we are putting on the financial institutions. We agree. We've set up a subcommittee of the senior advisory committee to coordinate the information requirements we're imposing on the financial institutions so that at least we're coordinated. We know what each body involved in this process is asking of the financial institutions. We're taking a second look and asking ourselves whether, given the amount of information we're asking for, all these things are required.