Thank you, Mr. Chair, and thank you, Gabriel, for those comments. I appreciate them.
On exactly the question that Ms. Jansen asked about what the anticipation is that's invoking all of these changes and the tidying up of legislation, you referenced the bank failures—or, not the bank failures, but the financial crisis in 2008.
I'm wondering. We heard a lot from the Bank of Canada, from the governor and from other financial experts, that inflation is actually quite high right now. We know that. We know from economists that it's nipping at 4%, and that's without the increase in housing.
Interest rates are low. We know that interest rates have to go up. We know that credit has been easy to get in the last several years and that interest rates are low today.
Have you done some scenario planning in which you're anticipating some significant losses in the banks, and this is a matter of tidying up legislation to prepare for that situation?