Last week you told a Saskatoon audience that there's a growing consensus that interest rates will still be lower than we were accustomed to in the past. The Canadian Press ran a story, and the headline was “Canadians can bank on low interest rate environment for years to come”. Given that your predecessor seemed to be trying to pull the punch bowl back a little bit in terms of warnings on this, is there a risk that you may be pouring some vodka into it, and may be creating an environment that creates a bit of a hangover for Canadian families, if in fact there is the correction you describe?
On April 29th, 2014. See this statement in context.