We understand this issue of the spreads going up, and in how we calibrate monetary policy we are taking it into account. It's one of many factors. We see the costs of the banks going up, and it's illustrated, as you say, on page 19 of the report in terms of the spreads going up for the banks.
But the absolute costs—and this is the important point—for the banks are going down. With the exception of five-year fixed mortgages—and you're absolutely right to flag it—the absolute costs of borrowing, even in the corporate sector and certainly for any borrowings off prime rate by individual Canadians, are going down as well. To the extent to which they do, we have to calibrate and take this into account.
We have left in the report that there will be some additional pass-through of the bank's increased costs, because their actual costs are going up.