Thank you, Chairs.
I want to thank the witnesses for their presentations today, which were most relevant and interesting to the situation that's facing us here right now.
To Ms. Demarais, you've done this huge study, and we have an awful lot of.... You're talking there about recoveries in 2021 for China, 2022 for the U.S. and 2023 and beyond for the emerging countries.
With regard to the forecast of the pandemic's long-term impacts on things more relevant, probably in Canada but probably relevant to other areas of the world as well, is commercial real estate. Do you know how the pandemic has so far impacted some of these commercial real estate markets around the world? I'm looking at a very relevant question to follow that up with.