That is a good and thoughtful question. I actually do think a lot, as I'm sure you and I hope all members of this committee do, about the income distribution effects of various policies that we put in place. In my previous life, before I became a politician, income inequality was something that I wrote about a lot. It is a real challenge.
When it comes to where Canadian households are right now, it is worth pointing out what has been happening with savings. That is not purely about assets; it's about what people are saving. In Q3, the savings rate was 11%, as opposed to a 3.4% rate between 2010 and 2019.
Finally, I know, Mr. McLean, of your own financial background. I hope that you would not think that appreciation in the value of stocks is a sign of problems in the economy.