Thank you.
Since the first vice-chair had to leave, I'm going to take over, as the second vice-chair.
It being the NDP's turn to ask questions, I'll ask my questions from this seat.
Thank you very much, Governor.
I wanted to come to the issue of wage growth and the overall family debt load, which you noted a number of times in your presentation. I thought that two of most interesting graphs in monetary policy report dealt with the following. Number one, in the English version on page 13, it speaks of wage growth, which appears to be just shy of 3%. Second, it then looks at slowing household credit growth, which continues to be remarkably higher than wage growth. I think that continues to be the dynamic we've seen in this country over the last decade or so, with family debt at profoundly record levels, but wage growth not in any way seeming to compensate for that high level of family debt. Despite the fact that household credit growth is slowing and wage growth is increasing, we're still seeing a worrisome gap, I would assume, between the level of family debt and overall wage growth. I'm wondering if you could comment on that overall.