I appreciate that.
The second issue I wanted to raise, Mr. Ambler, is in the C. D. Howe report. It says:
One Council member recommended that the Bank clarify whether it attributes the recent fall in oil prices to supply effects or to demand effects.
If you look on pages 7 and 8 of the information Mr. Locke has presented to the committee, and if you look at the increase in production in the United States in particular, it seems to me, on the face of it, it's supply effects. It's not demand effects.
Would anyone like to comment on that, or does anyone believe it's demand effects rather than supply effects that have caused the dramatic price drop?