Welcome to our guests.
My first question is either to Mr. Bethlenfalvy or Mr. Russell. I want to talk, just for a second, about mark-to-market accounting, whereby the accounting standards and the assets and liabilities are assigned a value based on their market prices.
I have a statement here about how a number of financial statements had to write down the value of their financial assets, which many people say exacerbated the financial turbulence, and yet some commentators—we've had the C.D. Howe Institute here—suggest that the financial institutions should be allowed to use alternative accounting methods, either model based or historic cost valuations, when liquidity constrains the markets.
If we have a single accounting mechanism, should we maintain the consistency that we have or should we, potentially, in your opinion, be looking at other options for evaluation?