Finance committee  Sure, I'll go very quickly. The lease and loan financing industry, and the auto sector, and the vehicle sector certainly perceive a sense of urgency in seeing financing move quickly. Absolutely they do. From the point of view of designing and running a program, however, there are just a few things that you have to get right.

Finance committee  Mr. Chairman, that would be a reasonable characterization. There is just one point I want to add, and it's a very important point. It's that the program won't succeed if consumers and businesses don't return to the loan and lease vehicle marketplace. If they don't come back, the program won't work.

Finance committee  Thank you, Mr. Chairman. Thanks to the committee for inviting me. I think this is my first visit to the committee in 2009. It's a delight to be back to see familiar faces and some new ones as well. I want to start with some observations on financial market performance, turn to what the government and the Bank of Canada have been doing to respond to recent issues, and look at some specific measures introduced in the 2009 federal budget.