One issue you've written and talked about in the past is static variable mortgages. Those are mortgages that are variable, meaning that the amount of interest being owed continues to increase as interest rates have been increased, but the actual payment stays the same. How the banks accomplish that is that they push out the amortization. However, the challenge is that when they renew, as they will in 2024 and 2025, it has to revert back, as I understand it, to the original amortization, pushing up the amount the individual will have to pay and owe.
Perhaps you could talk a little bit about that and about the issues that could cause for Canadians.