I'll be very quick.
With respect to CMHC, it does provide, in its annual report, the full detail of its stress-testing scenarios. It takes its own balance sheets and stress-tests them with various economic shocks.
One of the most extreme shocks is a U.S.-style housing collapse, whereby unemployment would spike by 5% and housing prices would decline between 20% and 30%. It shows you an effect on its income statement, a balance sheet, of in and around about $500 million.
That's all to say that it establishes a pretty big contingency or reserve to buffer against an event like that.