Ms. Raitt raised this issue as well. The Bank of Canada's financial system review was released this morning, on the vulnerabilities or household imbalances. This is something the government has monitored over the years.
I have always been one who has argued that the ratio we look at is the debt ratio rather than the income ratio or interest expense ratio, if you wanted to define it in those terms. If Canadians are working, then they're able to pay their debts off. If Canadians are not working, then it doesn't matter what your interest ratio is because you have no cash flow to pay your debt. That's why it's so important for me, as more of a statement, that we keep this economy moving forward through our infrastructure plan. We need to keep Canadians working.
That's why I was alluding to the impact of the multipliers for infrastructure.
I would like to get a general comment about what the PBO has looked at in terms of the household imbalances in relation to where we are in the economy right now.