Generally speaking, that hasn't changed much. The main factors behind the inflation we are seeing here, in Canada, are international, including, as I mentioned, higher oil prices and supply chain disruptions. However, with the strong recovery, the economy has moved into excess demand. Demand is outpacing supply, and that is clearly being felt domestically in markets such as housing. Those pressures are at work here, in Canada.
International factors play a more important role, but with the economy now in excess demand, moderating spending growth is necessary to rebalance supply and demand and return inflation to target.