On the question of mortgage changes, you said “naturally reversed”, and I still don't feel as though I understand what you mean by this. You're taking into account the lower volumes, because people will defer or make different housing decisions on their own, but also, some individuals simply will never be able to qualify again. With this “naturally reversed”, you're just saying that people will make decisions in the first six months, and then by the time we reach the third quarter, which is at about September, we'll see the impacts that the change to B-20 has had, all other things being equal.
On April 23rd, 2018. See this statement in context.