Thank you for the question.
Yes. We have consistently emphasized that the Bank of Canada retains considerable flexibility in the conduct of monetary policy. We were at pains, as you recall, to outline the principles behind policy at very low interest rates—so-called unconventional policy. We have not had to deploy those instruments beyond the conditional commitment, with which you're familiar, but we certainly retain all those other options. I would underscore our determination to use those options if the situation required it in order to achieve the inflation target, but we would only use them to the extent that they were required to achieve the inflation target.
So to go back to your analogy, no, the tank is full. It's like the pickup trucks that used to have two tanks: the interest rate tank had been used up, but we switched over to a full tank of unconventional. We haven't had to use it.
In our expectation, just to underscore for members of the committee, we think policy is set appropriately in order to achieve that target, staying at 0.25%. We expect to stay there through the end of June 2010 on current outlook for the global and Canadian economies in order to achieve that inflation target.