Madam Chair, that would certainly be the first and probably the easiest thing to do. I would reserve judgment on whether there is a way to lower the rate. Of course, the banks' idea of prime is quite a bit different from prime, so we will have to do some negotiations on that. We would like to see a much more preferential rate. Since the government will backstop those loans, there is very little risk to the bank, so we should be able to negotiate a rate that is better than the banks' idea of prime. We will seek to do that.
In the House of Commons on May 14th, 2009. See this statement in context.