Thank you very much.
Turning to sanctions for a second, Canada has imposed hundreds of sanctions—Magnitsky-style sanctions and sanctions that are focused at the state level—in concert with our allies, NATO and otherwise.
Do you have a sense of what effect those sanctions are having? I note that Russia's oil sales are still about $1.5 billion a day, which is essentially what they were before the war. They are making payments in euros on their euro bonds. The ruble has now recovered.
I know that sanctions do have an effect, but I'm wondering if you could elaborate on what we know is happening and what effect they're having.