Thank you for the question.
I think all of us as members of Parliament talk with our constituents, and I'm sure all of us have heard from people who are really anxious about the renewal of their mortgages.
That's why in the fall economic statement, for the first time in Canadian history, we published the Canadian mortgage charter. It's very simple. It's in black and white. It tells Canadians what they have the right to expect from their financial institutions, the kinds of tailored relief and support they have the right to expect when they're renewing their mortgages. That is really about being sure people understand the tools that are available to them.
A couple of the key measures are that people have the right to talk to their financial institution about perhaps extending the amortization period, which could lead to a smaller monthly payment at this time of really challenging circumstances. Another element is for insured mortgages: You do not need to requalify in order to go and look for renewing at a different financial institution. Again, that's just to give people a little bit more choice, a little more flexibility.