There are a few things there, Peter, that you're asking.
First of all, on rent, as I mentioned, we are working through that issue. It is a provincial jurisdiction. I've been bringing it up with the provincial finance ministers each week over the last month, and they've been making progress. Some provinces have done different things than other provinces have. Saskatchewan has moved forward with the $5,000 benefit for small businesses. We do need to work together with provinces in this regard, and we are doing that right now. That is, from our perspective, important.
From the standpoint of the banks, we'll continue to work with the banks. We've had, as I said, 220,000 loans that now have been administered in very short order with the banks, and $8.8 billion has been moved out. That was an enormous effort. We did work together with them to make sure that could happen. Of course we pushed to make sure they moved forward on helping with credit card fees, and they've all cut those credit card fees in half for people in distress. I'm not saying that we shouldn't continue to hold their feet to the fire—we will—but we've made significant progress, and we're going to continue to encourage them to support their clients who are Canadians.
With respect to the CERB, we think it's important that it go towards people who have lost income as a result of COVID-19, and that's how we've defined it. We're going to continue with that. We're going to continue to make sure, for people who find themselves in a vulnerable spot because of COVID-19, that we're dealing with them. That's the kind of approach we're taking with students. For example, we don't think a universal benefit would be appropriate in this regard. There are many people, like you and me, who have not been impacted from an income standpoint as a result of COVID-19. We're focusing our efforts on those people who have been impacted and on making sure that we deal with them as well as we can.
Thank you very much.