Yes, thanks very much, Mr. Chair.
A lot of businesses have said that they have had difficulties accessing liquidity. Do you feel in any way that this program has had an impact on actually diminishing what the banks should be doing which is providing liquidity to a lot of businesses outside of these programs? Under this program, the banks basically get a guarantee, so for them it's a no-brainer. They get the guarantee. It's a sweet deal. They get the guarantee from EDC. They assume all the profit from that transaction. Very clearly, from all of our hearings, it has proven to be true that the banks are simply not providing supports outside of these programs, under which the federal government or Canadian taxpayer provides all the guarantees. They are not providing the supports. Do you feel this has had an impact in a negative way in that sense?