Thank you, Mr. Chairman.
In the same line of thinking, Mr. Carney, a few years earlier, no one had foreseen the present crisis.
Mr. Duguay told the Finance Committee, in response to a question that I asked him, whether the Bank of Canada had issued warnings about the toxic nature of commercial paper, that, yes, that had been done in your financial review in 2005.
Currently, virtually everyone in the financial field is definitely working to get out of this crisis as soon as possible. However, in light of past experience, do you think there is something that you could have or should have done, using the power that the Bank of Canada holds, and that you did not do? If so, will you correct matters and try to prevent a crisis such as the one we are going through right now from reoccurring in future?