I can go a bit further on that and say that the department works with a number of the agencies that Brian mentioned in his opening remarks. We work closely with the Bank of Canada, with the Office of the Superintendent of Financial Institutions and with the Financial Consumer Agency of Canada to discuss how we are doing and to share analysis in terms of how we're balancing those objectives.
To give one example, in terms of financial stability and the prudential regulation of the banking sector, OSFI, the Office of the Superintendent of Financial Institutions, has supervisory guidance for bank mortgage lending, for uninsured mortgage lending. The Minister of Finance sets the rules for mortgage insurance for mortgages where the banks come to CMHC or private mortgage insurers for federally backed mortgage insurance. The Financial Consumer Agency of Canada has guidance and supervision that it provides, including a mortgage hardship guideline that the FCAC introduced in 2023, which sets out expectations for how lenders are supposed to be identifying borrowers who are facing severe financial stress and what sorts of flexibilities lenders should be working through with those borrowers.