Thank you, Mr. Chair.
Good afternoon. You said earlier that 35% of your loans go to the manufacturing sector. You also said that you have undertaken quite a large study to determine China's influence on the manufacturing sector. On page 11 of the BDC Corporate Plan Summary, we read the following: "(This study) revealed the concern that Canadian manufacturers perceive themselves to be "ready" for globalization when, in fact, they are not."
Why do you say "they are not"?