M. Gosselin : Notre organisation a étudié ce programme il y a deux ou trois ans, et nous avons conclu qu'il présente un intérêt. Il nous est toutefois apparu que la lourdeur des exigences réglementaires était telle que, comme organisation, nous n'étions pas en mesure d'investir les ressources qu'il aurait fallu pour se conformer à toutes les dispositions du programme et pour nous assurer que, au point où la décision se prendrait.
Mr. Gosselin: Our org
anization looked at this program two or three years ago, and the conclusion we made is that the program has some value to it, but the challenge was we felt it was so cumbersome in terms of regulatory requirements that, as an organiz
ation, we could not invest the resources it would take to comply with all the provisions of the program and be assured that, at the point we made the lending decision, and you have to understand the program is you lend up front, the institution makes the decision, and it is a potential
...[+++]default that that triggers the need for a claim, and then the government decides at the end of that program whether or not you played by the rules.