It's an interesting question. I don't know if I can say that I agree with the IMF that without any of these support measures the deficit would have been roughly similar to what it was in 2020-21. I haven't done the math. I haven't looked at that, because, as I said before, to me, it would have been very sadistic to inflict that type of pain on Canadians.
Maybe they're right. Personally, I doubt the deficit would have been the same or roughly the same in 2020-21, but there would have been, clearly, a scarring effect, so maybe over a five- or 10-year period deficits would be roughly similar. I don't know for sure. I wouldn't say, yes, the IMF is totally right and I agree with them 100%, but what is clear is that there would have been unprecedented scarring of the Canadian economy and the labour markets and, as I said before, the social impacts would have been catastrophic, even worse than what we have seen due to the loss of life during the pandemic.