Mr. Gabriel Makhlouf:

It is not a profit centre. We are funded in two ways. The first is that we charge out our costs of regulation. Firms, regulated entities and so on pay fees. The policy has been to try to recover 100% of the costs. So far, that has applied to everybody except the credit union sector. We also have our own investments that we make money from. I am hesitant to say what I am about to say because I do not know when we set these particular fees but, as a policy, our objective is to recoup our costs. The term "profit centre" would be a bit of an exaggeration.