Mr. Giroux, you reminded us that the debt-to-GDP ratio has increased to about 50%. That is clearly attributable to the high spending. You were saying that, over the medium term, it should be about 45%, which is higher than the pre-pandemic ratio.
You also talked about a potential increase of half a percentage point, which would have certain consequences.
Owing to the current interest rates, will this ratio lead to higher spending than before the pandemic, or will the spending be the same?