Mr. Chair, I think there was also some confusion between the private sector and public institutions. Unless I'm mistaken, during the recent economic recession—Ms. Kinsley could talk about that—the federal government asked the Canada Mortgage and Housing Corporation to provide the banks with some liquidity because they were holding back payments, and that could have caused a recession. If I understand correctly, your intervention helped reduce the deficit by a few billion dollars. Had that not been the case, the funds would have been drawn from the Canadian budget.
Is that correct, Ms. Kinsley?