Thank you, and good morning to both of you. It's a pleasure to have you back here once again.
I have three areas that I'd quickly like to ask about. First, around our inflation target, both the IMF and the Bank of Canada have downgraded growth forecast for 2013 to 1.5%. Despite this, and despite the fact that inflation in the last several months has come in at only 1%, the bank has said it won't lower its target interest rate. I want to ask about that. Is it correct that your concern is over record-high levels of household debt that's discouraging further action despite the sluggishness of our economy?