Thank you, Mr. Maloway.
Your ratio is approximately right, but the numbers are a little bit different. The $6 billion you refer to is our line of credit to borrow. We also have a reserve of about $1.6 billion sitting in our own accounts right now. So the grand total would still be low relative to the $512 billion of total deposits covered.
To the question of adequacy, one can just look at the history of the draws on our organization. We feel we have to evaluate that regularly, and we look to our premium levels every year to see if they're adequate to help add to that $1.6 billion we already have. We're in the process of doing that right now for the coming year.
The amount of loss we would incur would depend on how we would handle the transaction should an organization fail. The standard traditional one that everyone thinks of is a straight payout: you just issue money to people. There are other ways of resolving a problem institution. We call them alternate resolution mechanisms, whereby you can arrange for the purchase of an organization by another deposit-taking institution and agree to share any future losses they might have--instruments of that nature. The insurance scheme could never hope to have all the money needed to handle every deposit should it fail.
Just to close, we do examine our amount of reserves and our lines of credit regularly and that's one of the reasons why the government in Bill C-10 has proposed that this go up to $15 billion.