I think the point we would make on Canadian chartered banks is that they are well capitalized. They have higher capital ratios. They're at 9% plus, or above, in terms of capital to total assets on a risk-weighted basis. They're very well capitalized versus internationally.
The issue during this slowing period in the Canadian economy is the extent to which they are going to extend their balance sheets. So we would expect some reduction in those capital ratios. As the asset side of their balance sheets goes up, they continue to lend out into the market. There is an important issue we discussed earlier on price of credit; this is an issue of availability of credit.
Just to hammer the point, to then go the banks and say, “No, you should hold 20% capital against your assets,” what that would do is restrict credit for Canadians, Canadian business.