Sure.
To your previous point about what we called excess savings—savings over what would have been the normal rate—for some time, I think the bank anticipated that savings would eventually be drawn down, particularly once the economy fully opened. We thought Canadians would spend more of that savings.
We have since adjusted our expectation. We haven't seen Canadians draw down that savings on a large scale. In our forecast, we now expect that will probably stay in people's savings accounts.