Finance committee  The answer is yes, but I suspect they'll be substantially more prudent; plus there's the fact that we're also going to have our own team reviewing this. So we'll make sure it's all duly triple-A; and if it's triple-A, we'll be issuing the cheque.

Finance committee  Quite candidly, I cannot comment on that specific file. There are some who could not get to the $100 million minimum threshold. Unfortunately, the facility, as developed by the Department of Finance, was to restart the asset-based security. When it was conceived by Finance, I t

Finance committee  The first shot was made up of two tranches, $10 billion and $1 billion, that's the $11 billion. And there's $1 billion left, to go to $12 billion.

Finance committee  We will see what happens. Quite candidly, we still don't know if everyone will be interested in going ahead with the programs. Some of them might say that by now they've figured out a different way to finance themselves, that they can issue corporate bonds and they don't need s

Finance committee  I wish I had explained it as well as you just did. Yes, you are absolutely correct.

Finance committee  The reaction of many financial institutions at a time like this is to tighten up credit terms and conditions. We have not done that. On the contrary, we are trying to go the other way as best we can, always remembering that we have to deal with creditworthy businesses. We will, f

Finance committee  There's an increasing amount of cooperation, particularly in this difficult period. Today as we speak, there's a joint effort with clients to work together and help them think about growing their businesses, globalizing, and so on. The referrals back and forth are good. Generally

Finance committee  The first group would be people who have done securitization before and are used to dealing with large amounts. Examples of them would be Ford Credit, Chrysler, GMAC, Nissan--the large players. The second group is made up of smaller corporations that still do equipment leasing, a

Finance committee  I'm sorry if that wasn't clear. The $10 billion was offered to a total of 15 organizations, who will collect—

Finance committee  There's $11 billion in total that we've committed now; $10 billion, the large tranche, was offered to 15 companies; and the small tranche, the $1 billion, had nine different companies in there.

Finance committee  Some of that information will be in the annual report and some will not. But that information is available, and we'd be happy to share it with you on our next visit.

Finance committee  I believe the report is being sent some time next week, and then it's going to be up to the Minister of Industry to table it in Parliament. It may not be next week; it might be the week after, but we're talking weeks.

Finance committee  No, we're talking weeks.

Finance committee  No, generally it's fully pari passu.

Finance committee  The assumption is that the banks that are contacting us to do this are saying that capital is limited in some of the various categories they're in, and that our ability to take half of the commercial loan enables them to basically keep capital for other purposes. That way the mar