Thank you, Chair.
Thank you, Ms. Dickson.
You're charged with the safety and soundness of the banking system. Mr. Clark, who was formerly with the Department of Finance in a senior position, then president of Canada Trust, now president of TD Bank, and by all measures a pretty sophisticated individual, said that he didn't understand the priorities in the event of difficulties. And indeed, when others have tried to explain it, it's sort of like a “Where's Waldo?” cartoon. You go here, you go there, you go everywhere else, but if you try to follow the chain of priorities and liabilities, it's virtually impossible.
Is there anyone in your shop who actually has sat down and charted out the priorities in the event that these securities are called upon?