I'd like to pursue this line of questioning from a bit of a different perspective from Mr. Mendicino.
From what you've been saying, we're in this situation where it's not as if we're a young infant on these matters because we've had a history in this country of oversight, Professor. You've said that. Yet we have in this bill this inclination to go back.
If we're somehow emulating what has happened in the U.K., as an an example, we're going back in time to the initial structure and accountability mechanisms and constraints and so forth of the U.K. experience rather than going to the 2013 experience, where they have learned all their lessons and they've had their collaborations and they're on the 2.0. We've decided to go all the way back to the 1.0.
Mr. Mendicino's point is that we have to walk before we run. I heard the minister say that, too, on Tuesday. But your point is, we actually have this experience already. Am I paraphrasing you correctly?