Thank you for that comment. We've seen, obviously, that teachers are being made surplus in many ridings across the province of Ontario, that there have been layoffs and that everything from a $4.7 million tree-planting program to inspections and so forth is being cut. The details have come out. Public health funding in the City of Toronto is being cut. It's sad to see that the province is adopting that measure. That's my personal opinion.
Going back to monetary policy, you have revised down the neutral rate by 25 basis points, and we're at 1.75, so—we can do the math—it would require two more rate increases to get to the lower bound of the neutral rate. A changing global growth has impacted us, but Brent prices today are up at $73. I don't know where the discount is, but I'm sure WCS is coming up a bit as well. Is the neutral rate revised down because of transitory factors or was it revised down, in your humble opinion, because of permanent factors?