Thank you, Mr. Chair.
I'd like to ask you the question again so that everything is clear. I'm expecting more of a straightforward answer so that it's easier for me to understand.
Can you explain what caused the just over $3 billion in losses? How did those losses affect the Government of Canada's fiscal position?
Did the change in your rate practices have an impact? I'm talking about the operating band. Does the fact that you went from a corridor system to a floor system explain the $3‑billion loss?