That is correct. There is a form of risk sharing already with the private sector in the sense that while we are government-guaranteed, in the event that we are insolvent in a tail event, the lender will face a 10% haircut in terms of what the Government of Canada will pay on a claim. There is, by de facto, a 10% risk-sharing arrangement with the private sector. That's something that lenders will bring up from time to time as a counterparty concern. In fact, it's a form of driving behaviour in terms of how they operate with us.
On January 30th, 2017. See this statement in context.