Thank you, Mr. Chair.
I just want to return to our earlier conversation—I know you were beginning an answer there—and lay out the problem again, which is that as Canadians have been gouged considerably, I think, in certain industries for things they can't do without, the answer has been to raise interest rates in order to combat inflation.
You can see how Canadians feel caught between two impossible situations, so I am wondering where the role is for considerations about equity and fairness in setting monetary policy. We have seen some other central banks given mandates to consider things like housing prices in how they set their rates and to consider things like climate goals in how they set their rates.
Granted, I would accept the claim that it's not currently part of your mandate to care about these issues of equity and fairness, but I would say that it should be, and I think a lot of Canadians would probably feel that there should be a role for that in it. How do you imagine either mandates of central banks or other tools in order to bring some of that question of equity and fairness into rate decisions at the Bank of Canada?