Thank you. That's a good segue into my next question, which I'll direct to Mr. Perrault.
Mr. Shenfeld made the point on one occasion during his remarks that it's not particularly costly right now to borrow to cover some of the costs of these programs that were really created by the pandemic. We've made the decision that the federal government is better positioned than households and business to bear those costs.
Mr. Perrault, you made the point that there may come a time when that may not be the case. I'm curious. If the pandemic is the source point of these increased costs, is there a tipping point? What indicators should we be looking for? When should we say that the federal government is no longer the organization that should be bearing this cost and it should perhaps go to a different level of government or to households or businesses? I have a hard time seeing where they will be better positioned to incur these costs than the federal government will be.