Thank you, Mr. Campbell.
This piece obviously came out from the OSFI consultation paper, which was released, I think, about two years ago, and was asking for feedback.
We already know that we have what's called an NVCC sub-debt and NVCC preferred shares in the market that are trading. The last aspect is to put in place what we call here “long-term debt”, which would be the senior component. We have the senior debts trading, and the existing senior debts are grandfathered, from my understanding, from the OSFI consultation paper.
Is there any sort of timeline that we have in terms of getting the last piece out, the third and last pillar, in terms of the NVCC's senior long-term debt in place in the market?