We had a lot of excess capital, and it's an effective discipline on management that management would operate with finite resources. Defining just how much excess capital we have is a problem at the margin when we're a little unsure as to what our capital should be or when the Office of the Auditor General says we haven't gotten it quite right. That's not enough to say that we shouldn't pay a dividend. It means that we may want to keep a little extra buffer to be sure and that's exactly what we did.
On April 30th, 2019. See this statement in context.