If you look at our provisions, our allowances, and you look at the level, the percentage of investment grade companies we lend to, we take four times more risk than the chartered banks on average. We look at the ability of companies to repay. We look at their cash flows, their scenarios, etc., and we just have an ability.... We're able to put in the time and make the effort to understand the expected cash flows and underlying assets of these companies.
We take more risk. We take more losses as a result, but the combined effect is that we can stay responsible, maintain the capital we need and have the acceptable level of financial return.