Thank you, Tanya.
Thank you for the question.
All I would add is that there have been several proposed recent changes to policy or regulation, and while they may be well-meaning individually, we've found that at times they're often in conflict with each other or could be disproportionately unfavourable to small and mid-sized financial institutions, which has the effect of limiting choice for Canadians and/or increasing costs.
I'll make it tangible quickly by way of citing one example. CMHC's “Advice No. 18” targeted issuers of mortgage-backed securities in single-family housing, but if it goes as proposed—