Yes, I would agree that those statistics are surprising. I certainly don't want to pretend that there isn't a difficult situation out there. As you pointed out, government is taking very extraordinary actions, and there must be a reason.
How do you square the circle? Well, it's bit of what Jean-René was indicating earlier. The banks are very much at the core of the financial system, but depending on how you measure it, they're about a quarter to a third of the financial markets in Canada now. Our banks have been very resilient through this crisis, and as those numbers show, lending is continuing to grow. However, it is certainly growing more slowly, and the year-over-year numbers do mask the fact that the growth more recently is slowing, so the year-over-year numbers are coming down. If you looked at the month-over-month or quarter-over-quarter numbers, they would be weaker recently, certainly. That is part of what is showing up in the anecdotal evidence.
I think the main thing that is showing up in the other anecdotal evidence is that parts of the financial system--the non-bank parts--are what are really scaling back. Jean-René mentioned securitization markets. They have scaled back dramatically, and in some cases they are virtually closed. That's an important reason that we've introduced this secured facility that Jean-René is setting up.