Thank you for your question. First, I would like to emphasize a few points. The objective of these transactions would be... I'm using the conditional for a reason. This isn't the Bank of Canada's plan, but it is one card up our sleeve, only in the event it becomes necessary to promote greater monetary easing as a result of a negative shock. We would have options, such as easing credit rules. The purpose of these transactions is to improve financial conditions, credit conditions across Canada as a whole.
As regards neutrality with respect to similar sectors, we can use adjudication, for example. That is one way to be neutral with respect to certain sectors. It's one tool used by the Bank of England to ease credit.
With respect to your reference to Mr. Keynes, I would simply like to emphasize that it is no longer a question of Mr. Friedman versus Mr. Keynes, this idea of the relationship between the money supply and inflation. In that context, even though our situation and our financial conditions in Canada are better than elsewhere—and that's the truth—they are nevertheless difficult and are remaining difficult. The [Inaudible - Editor] of money fell, so that relationship, that danger is much less, as a result of the recession and the global financial crisis.
