Mr. Brian McCrory:

I can give the committee a very specific example about model development. Credit unions, CUDA, the ICLU and individual groups have been seeking to introduce debit cards. This technology is almost 60 years old. That process has been in train for over two years. I have lost count. We are no further down the track than we were at the start. It would be mildly disingenuous to say that no propositions have been offered. As Mr. Johnson alluded to, it is semantics.