Mr. Chair, there's a two-part answer. With regard to the first part on how we measured accommodative relief provided by the banks through the COVID shock, there were approximately 750,000 mortgagors or borrowers with mortgages who were given mortgage deferrals of six months. That was a very, very high number for accommodation. I recognize that it may not have gotten to every Canadian, but it did address 750,000 of them.
On the question of whether credit has been provided to folks who seek to invest in housing and maybe either buy a second home or buy a home to flip, the honest answer is yes, the banks have provided credit to those homebuyers. Investors, in a recent Bank of Canada study, were estimated to represent about 22% or 23% of home buyers in the last year. A more historic norm would be in the mid to high teens.