Thank you very much, Ms. Lang. I appreciate your hard work in this difficult time.
Obviously, bankruptcies have basically been frozen throughout the COVID period because of the deferral of taxes, mortgage payments and the sudden but temporary inflow of government assistance that will temporarily get people through this rough patch.
However, in the period leading up to the COVID shutdown, there was a very large increase in insolvencies, particularly from 2018 to 2019, and then January 2019 to January 2020. We saw large increases in insolvencies through those times. A lot of people were clearly suffering.
When the temporary measures of deferred mortgages and taxes and the Canada emergency response benefit lapse, when all of this lapses, do you have a sense of whether or not there could be a large number of Canadians facing the very real likelihood of bankruptcy, an inordinate spike, or maybe even a bankruptcy crisis in Canada?