I'm a risk manager by profession, so this is something I think about every day at CMHC.
We're very aware of the fact that we have to run our business with due regard for loss. We conduct stress testing on a regular basis to make sure that there is no loss that has to be borne by Canadian taxpayers. Our stress testing, which assumes almost a doubling of the unemployment rate, would still ensure that we have enough capital to withstand those losses.
Again, I want to state that this is a stress test. It's a hypothetical scenario. We do stress testing on a regular basis. In this area, we feel that we need to be very conservative and actually assume the worst so that taxpayers are protected.