This is a decision of the Government of Canada, not the Bank of Canada, as you can appreciate. One of the major issues was highlighted by the previous question, and that is the structure of conditionality—the way money has been dispersed and potentially will be dispersed in future programs. We're concerned about getting the governance right and having the governance of potential future programs be more consistent with previous lending. That's the first point.
The second point is on having a firewall developed out of Europe, where they have immense resources, or developed in conjunction with the IMF or others. The value of this is that the process of adjustment in a number of European economies to solve the underlying balance of payments and fiscal and banking issues will take some time. It will be measured in years, not weeks, weekends, or months. Over the course of that time it is possible that access to markets will not be there, or won't be there on sustainable terms, and there will be a need to draw on these resources. So having sufficient resources to address that possibility is advisable. That's the main argument in favour.
The argument against is partially around governance and resources provided from Europe. Ultimately it's a Government of Canada decision.
The last point is that this all has to be looked at in the context of current resources of the IMF. Are they adequate for potential eventualities? Judgments can be made around that as well.