I'll jump in first. My quick answer would be that I don't think we should treat the SOEs any differently from how we treat non-SOEs. I also think that when it comes to the renminbi settlement issue, there may be an advantage to working in partnership with the SOEs in that they're probably in a better position to offer better price advantages to Canadian exporters and importers than perhaps some of the non-SOEs are able to do. So I think some of the SOEs may be much more aggressive when it comes to giving Canadian companies price advantage.
On February 26th, 2015. See this statement in context.