As a financial regulator and as the head of OSFI, I should never be too confident or overly confident in financial stability. You want a regulator who is always looking over the horizon to see what risks are coming. Having said that, the margin of safety we have with the borrowers gives me great confidence.
On top of that—and I won't go into it but can in later questions—we've put additional capital buffers, whereas if the rate rise is very rapid and households start to have problems, the system has the capital buffers to absorb it and continue to provide credit to Canadians if the future is more difficult than we anticipate.