That's correct. When those programs were initially launched—and it seems like a long time ago—there was really not much clarity in terms of what was going on economically. It was fog of war. Many programs were stood up, including CEBA. Some of those programs experienced greater uptake. I think it's fair to say that programs that involved greater degrees of concessionality were employed more.
Programs such as the BDC co-lending and EDC guarantee, which effectively function as a regular business loan, received less interest from businesses.