Without question, it has supported the growth of household debt. Authorities, including the federal government, this Parliament, in terms of budgets, and the Bank of Canada had to make a judgment on how to support this economy, given the collapse of external demand for Canadian goods, and the judgment was to provide stimulus. With that came risks. One of the risks over time is that there will be a buildup in household debt, and we're faced with options. The government, OSFI, the Bank of Canada, and CMHC are faced with options regarding whether the best weapon to address that risk is the interest rate, whether we should deviate from our inflation target, or whether we should use other mechanisms to attack the problem more directly and ensure that there is appropriate borrowing. We're not against all borrowing. There are still going to be young families starting out who want to buy a house, and that's right; that's appropriate. There are people investing for starting a business. That's absolutely essential.
It's that generational risk point, to use your term, that we're concerned about: people taking on debt that throughout the life of the mortgage they won't be able to support as the economy and interest rates return to a more normal setting.