Sure. Thank you, Governor.
Of course we're looking quite closely at the housing market regionally, and as you would expect, the housing market slowed in Alberta, although that seems to have stabilized in the most recent data. But at the same time we see signs of a soft landing in many other areas of the country. I think the exception to that would be Toronto and Vancouver, where those two markets are continuing to grow quite robustly. As the governor said, overall we see the housing market headed for a soft landing. When we look at previous crashes, we don't see that regional crashes tend to spread to other areas, and so we think that, for us, the most likely thing is a soft landing.