Simon Belanger

where the risk has passed, right?

And we're not in this environment where rates are going to go up or prices that people use to purchase homes were way higher and they're at risk of loan to values getting blown out by prices falling or whatever.

They might just be saying, hey, we need to stimulate and create a lot more new credit.

in in this environment which we perceive to be less risky and we're setting aside like the last five years of lending where all that risk or a lot of risk was created and saying yeah they've done enough to shore up loan loss provisions to to deal with that risk i don't know like that's the only and i'm just trying to play devil's advocate and give them benefit out here right but like that's that's kind of the only argument that i could say that they could make that would like be a reasonable explanation

It's interesting, though, because like, I mean, the primary way that banks would would put this credit into the market is through mortgages, right?

I think I could be wrong.

But like, I think that's probably one of the biggest ways.

So will this be stimulative to the housing market?

And is it is it a is it some is it them trying to be stimulative towards the housing market?

What are your thoughts there?

Well, I feel like they'll never come out and say, okay, we're... I mean, like, you know, it's like the HST removal policy, you know, where they're... And even that one, they kind of did say, like, they want to stimulate... Well, they said housing affordability.

But, you know, the goal... Like, they did... Ford actually mentioned, I think, like, you know, he maybe misread his talking points that he got from Carney's team.

And he was like, we got to get construction back on track, right?

So...

I mean, they can't really say, hey, we're trying to floor the housing market.

I don't think they can do that.

Anything else you want to talk about?

There's one more thing I wanted to go through, which was population growth, but I'm curious if there's any other stuff you wanted to chat on.

Yeah.

So like, I guess, I mean, Friday of last week, it was like, there's a deal, you know, and you and I like sent it to each other and kind of like laughed and said like, oh, you know, so that, okay.