As Mr. Zhu alluded to, the free flow of RMB between China and Canada will certainly be an attractive opportunity for them as they are primarily denominated in RMB. It will give them the automatic ability to transact. However, as we increase our services as a bank—and every Canadian bank has been on this path of offering immigration services to their private wealth management clients and investment opportunity services—I think that things like the RQFII program as well as the Hong Kong connect with Shanghai equity component will increase the flow of securities. For the private wealth client who has investments as well as personal funds with the bank, the ability to conduct those transactions easier will certainly be an attraction.
On February 17th, 2015. See this statement in context.