Finance committee  They are thinking about that. I think maybe it relates to the return of that investment in Canada. In terms of their portfolio, it may be that New York is another good opportunity for them to explore. It's still under consideration about whether to relocate it or not, but I thi

Finance committee  For the carrying functions, our bank is quite ready. The systems were put into production at the end of last month, so we are preparing with our local peers to open accounts and we are working with OSFI to get the final approval from OSFI. We plan to have the launch ceremony on M

Finance committee  I'm okay.

Finance committee  We talk a lot about SOEs, but I would like to say why SOEs go abroad. First, it's because they have the capital, the vision, and the human resources. They still have lots of limits prohibiting them from going abroad, but they have those resources in hand so they go abroad first.

Finance committee  Yes. Our bank's strategy in Canada is not to compete with the BMO or other big banks. We are not able to do that. We want to fully facilitate our parent bank's capability in China, because we are the largest one, to establish a strategic partnership with local peers to bridge bot

Finance committee  Yes, I would like to say it depends on what kind of companies they want to.... You should be prudent. You should understand those different circumstances, but we encourage them. There are still lots of opportunities to invest in Canada.

Finance committee  Yes.

Finance committee  Actually, it's not related to the cap of the swap line or something like that. If we want to have a mature market and to be very competitive with other markets, we need greater transaction volumes. These transaction volumes cannot rely solely on the Canadian market. Having greate

Finance committee  They are sometimes adjusted for the last results for liquidity purposes, but because we have such a facility here, definitely we have some advantages compared with European or Asian centres, so definitely I am quite confident that U.S. participants are willing to work with us to

Finance committee  I don't think so, because the trading volume between China and Canada accounted for only $73 billion in 2013. It was relatively small. It's closing, but it's still not enough to support a very comprehensive market in Canada for offshore centres.

Finance committee  Definitely, we provide lots of residential mortgages to Chinese in domestic markets, so if the price of homes dropped dramatically, it would affect the quality of our assets. But so far, I think it's okay, because we try to identify the right borrowers from the low-level borrower

Finance committee  China is now going through their securitization; those banking assets allowed us to securitize our assets. It would definitely help our banks to keep a safe and more healthy balance sheet for our further growth. Actually, the balance sheet of the banks is relatively large. It's

Finance committee  Actually, I met a few companies that have established manufacturing in Canada. For example, there are dumpling companies. They produce dumplings. They are located in Edmonton. There are some automotive parts manufacturers. They have acquired a company in Canada to produce auto pa

Finance committee  They require a company in Canada to make auto parts.

Finance committee  It's a good question. It's very important. It's now harder to evaluate whether it's a success or not. We witnessed lots of Chinese investors, especially SOEs in the Canadian mining sector. Until now I haven't seen many success stories because of a totally different investment en