Certainly my colleague from Vancouver can add to my comments, but it takes years. There are fixed borrowing limits in the letters patent for each of our CPAs. It takes years to change them. My understanding is that they represent maybe half of what an organization that doesn't have limits would be able to borrow. When it takes years to change a borrowing limit, private capital is just not going to wait that long, so it's an incredibly cumbersome process.
We would recommend that borrowing limits be eliminated and that projects be considered in terms of financing on the merits of the projects as well as the creditworthiness of the organization that is putting forward the proposal.