Okay, thank you.
A survey was done of U.S. economists. Nearly three-quarters of them, so 70%, expect a "square root-shaped" recovery, if you'll pardon the expression. The crisis is causing the economy to shrink; the economy then picks up again, but less vigorously, and then you get a kind of plateau at a lower level than before the crisis. We are talking about the U.S. economy, but the Canadian economy is linked to it in many ways.
Similarly, the day will come when special arrangements between financial institutions and businesses are no longer in place and exceptional government support measures have ended. If, by then, the economy is not at its full potential or at a level comparable to what it was before the pandemic, there will likely be a higher number of bankruptcies or defaults.
Is that how you see it?