If I understand correctly, the criteria you use to draft your recommendation for a given application deal mainly with the issue of viability; you ask yourself if there is sufficient capitalization. Do you also take repercussions on consumers and on the market into account? There is a great deal of concern that new players could concentrate on low-risk borrowers and leave the higher-risk ones to a public company like Canada Mortgage and Housing.
Do you take these concerns into account in your analysis or do you limit yourselves to analyzing the viability of the business?