Thank you, Mr. Chair.
Good morning, ladies and gentlemen. Thank you for your information and advice.
I'd like to pose a question for Mr. Boychuk.
Earlier you mentioned the BDC in response to a question from Mr. McCallum. It's not my intention to defend the BDC, but I think we need to keep in mind that they have a mandate from Parliament to lend to creditworthy enterprises that may reasonably be expected to succeed, and they're required to be self-sustaining. They don't get a subsidy from the government.
I understand that they have a legislated loan loss reserve requirement that in these economic times may be limiting their ability to lend to the kinds of businesses that we would like them to lend to. Could you comment from your perspective on the loan loss reserve requirements in the BDC? Would you agree that this is something the government should contemplate doing?