I just want to quickly put this on the record, because there was a lot of talk about nominal and real GDP. The budget document says the impact of a one-year, one-percentage-point decrease in real GDP on federal revenues and expenses on the budgetary balance is $3.3 billion, and the present government is forecasting at $2.3 billion, so a 1% decrease in real GDP, according to the government document, would put the government into a deficit position. I just want to be on the record with that.
However, that is not my question. My question, just quickly, Mr. Carney, is this. The tendency or the trend for the Bank of Canada has been to lower interest rates by one-quarter point. The last couple of changes or decreases have been at a half, and one was at three-quarters, if I'm not mistaken.