My last question has to do with housing. It seems to me that Canadians can relate to a house and the cost of a house. Last week there was a program that was talking about the high-priced-house areas across the country and indicating that a lot of Canadians have maxed out in terms of the carrying cost as a percentage of their income. In B.C. I think as much as 75% of the income that the family was bringing in was actually for carrying the house.
This is a recipe for disaster, I would think, if we get a correction in the housing market. How bad could that be, given that we know what the experience has been in the United States?