I guess there are two parts to that question. If you want just some numbers, our quantitative easing program is about $300 billion on our balance sheet. That would be our purchases of government bonds in the secondary market.
I would stress a few things. First of all, the inflation we're experiencing today in Canada is not the result of too much demand in the economy. The economy is just getting back to its capacity. We were in a big hole. We've had a very impressive recovery. Now that the economy has recovered, that slack has been absorbed.
It is not causing inflation from domestic sources. One way to see that is that if you look at different parts of the price increases, goods price inflation, which is largely internationally traded goods, that's a 7.2% service price inflation, setting aside housing. The service component of housing is only 1.6% in Canada. That's what's more directly linked to demand pressures in Canada. That's not what's causing the inflation.