Thank you for your question.
First, I would like to make it clear that my speech in Montreal yesterday was more for consumption outside our borders than inside Canada. To repeat, during the crisis, our financial institutions worked together in a spirit of close cooperation. They did so very effectively and in a way that served Canada well. That is my first point.
The second point is that, as with all financial institutions, in whatever country, the key, in my view and the view of the Bank of Canada, is that they must think in terms of the system and not merely of themselves. For example, a financial institution must consider the effect of its actions on financial stability. This is necessary because it is possible to change the institution's way of doing things.