Finance committee  Notwithstanding that we would still like that to occur, so far it has not happened. We are prohibited from selling insurance.

Finance committee  Thank you for that question.

Finance committee  Not only do we as an institution give a great deal back, so do our 60,000 employees. We are in every community in Canada. We donate more of our earnings than any other company in Canada to all of the causes in every riding in Canada—

Finance committee  Our people are involved—

Finance committee  We do not want to change ATM fees.

Finance committee  We won't comment on that.

Finance committee  The primary purpose of the ATM network is not to collect fees and make a profit; it's to service our own clients. We put them out as an option for our clients to use, and 80% of them use them at no cost.

Finance committee  We're supporting our 12 million clients by giving them maximum flexibility, choice, and trying to be the best bank we can for them.

Finance committee  I'll comment on cost generally, if you want. To my knowledge, there is no accounting convention for the way that you account for ABMs. I can tell you that at Royal Bank we do not have a separate P and L that adds up our ABM costs. If we were even to submit it to your point--whi

Finance committee  I think I mentioned earlier in my comments that we are not the ones who make that decision. We'd be delighted to be on every university campus, in every airport, and we'd be happy if our competitors were there so that we could all have that access for our own clients. We would li

Finance committee  Under the agreement, if an airport came and said, “Here's the deal. Please bid”, it would be, I think, impossible for us to win the bid and then give everybody access to the ATM without a fee.

Finance committee  I'm glad you had time to stay and ask your question. I agree wholeheartedly with that.

Finance committee  I hesitate to ask you to repeat the question.

Finance committee  The Royal Bank owns no white label machines.

Finance committee  Yes, thanks for the question. Certainly we would be delighted to be on more universities. I mentioned in my remarks that we are or will be on 37 campuses with some installations we're doing. When we get a request for proposal, the educational institutions point out that they w