It goes to a technical rule with respect to what kind of capital the lenders who are the beneficiaries of our insurance policies have to set aside. Under international banking rules, if you are, as we are, a 100% government entity, you don't have to put aside any capital. In order to have a competitive marketplace in Canada, it was important for the government to introduce a similar level of guarantee to the private sector insurers to allow them to compete with us. We believe competition is a good thing. As I've described, the 10% differential in the guarantee is just a means to try to level the differences in our mandates.
On June 20th, 2011. See this statement in context.