Thank you very much for that.
I want to talk a little more broadly about some of the risks that face the banking sector.
We saw, for example, that Fitch had dropped its outlook on the Canadian banking sector from stable to negative. We know that some of the significant risks, including ones you've identified today, include household debt. We heard just on Tuesday from the president of CMHC, and in his testimony he indicated that household debt to GDP could reach as high as 200%, if not higher.
In broad terms, could you just speak to that issue from the standpoint of asset risk to Canadian banks?