We evaluate the risks of each individual application as presented, based upon the merits, the strength of the deal, the security available, the ability to repay, the management, the business plan, and the marketing plan.
All of the banks have agricultural specialists, and Canada's chartered banks have specialized in agriculture for almost 39 years. We've developed a team of specialists who are knowledgeable and well trained in that industry. They assess each situation on its own merit. They also look at each situation and make a determination.
We understand there is a cycle in the agriculture industry. We're comfortable about working with peaks and valleys. The industry has traditionally had peaks and valleys.
The point is that we look at each situation on its own merit, and we also have specialization within our group adjudication to approve the deals. We feel we have the expertise and the knowledge within our own systems. We evaluate each proposal on its own merits. If we feel comfortable in doing the deal, we'll carry on from there and we will put the package together.