The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Can you hear me?
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Okay. Just want to ask about the forbearance number, the loans deferring payment. And if you have some visibility on -- or what you're modeling,
I guess, for how that -- those balances evolve over the next few months or quarters? And where you end up in terms of the percentage that go
back to normal payment patterns versus those that don't? And if you can go product by product, obviously, mortgage is the biggest chunk of that.
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Great. No, I was hoping maybe it's just too tough to put a number out there, but is it bulk? When you say the bulk of loans will go back to normal,
is that 70%, 80%, 90%? Is that anything you can provide there? Because it does kind of inform how we would calculate our impaired loan balances
that should be peaking in 2021.
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Got you. And then...
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Yes.
Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
: Okay.
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