Yes. I know that. But the point is that you can convert a non-liquid asset—that is, the mortgage receivable that a bank has—into a liquid asset by simply getting government securitization of it. The government stamps it through CMHC and guarantees it against mortgage default. You can use that to sell off to another financial institution, get the cash from that sale, and relend out the money.
This is the last time I'll ask the question: Is that true or is it not true?