Finance committee  I understand your concern. The Canadian secured paper market was divided into two segments. There was the one set up by non-bank companies and there was the one using bank commercial paper, which has always performed very well. The other segment did not perform well; it has even needed to be restructured.

Finance committee  Absolutely not.

Finance committee  Yes.

Finance committee  Exactly.

Finance committee  Yes. I would just add that it's a new mandate for the BDC. It was something new for them, and they work very professionally with us. We can't wait to have the money, but they do their best, I think.

Finance committee  My name is Jean-François Bertrand and I am senior vice-president of capital markets with GE Capital Canada. In order to explain how the credit crisis has affected us, it is important for you to understand how we finance our Canadian operations. GE Capital Canada issues unsecured commercial paper, medium term notes and asset-backed commercial paper.