Thank you very much.
Mr. Giroux, in your statement you mentioned household indebtedness as a real source of potential risk in the Canadian economy. Could you speak more to that, but specifically from this perspective? We hear a lot, certainly from the opposition, and there are some economists out there as well who counsel that the stress test provides the wrong path for Canada and is not prudent economic policy. Could you put on the record your view of household indebtedness, with the stress test in mind?
We heard this morning from the Governor of the Bank of Canada, who, as you know, in previous remarks has spoken about the need for a mortgage stress test in order to offset the risk to the Canadian economy of creating a housing bubble.