Good morning.
I'm going to try to get into how you pick your special projects. I was looking through some of the special projects, and one that I was looking for but it wasn't there was the CMHC and the mortgage insurance side of things in Canada. I think we're all quite aware that when the train wrecks happen in the economy, we find out whether or not systems work. The U.S. has no end of problems right now with their equivalents, their Fanny Maes, and so on.
I know that even though the housing market has been fairly stable in central and eastern Canada, out west I can vouch for the fact that housing has gone up dramatically, almost on a scale equivalent to some markets in the U.S., with 50% increases in one year, and so on.
Maybe you could comment on why something like this wasn't included as a special project, and maybe you could comment on the process you employ to determine what projects you will study.