It's true. I think from a flow-flow perspective, if you're talking about the ability to service debt, debt service ratios are a better metric of that, as well as these metrics that give you some sense of the actual stress that's being reflected in the market. They are much better indicators.
As you mentioned, we have a very sophisticated financial system, a very secure financial system, and that means Canadians have a lot of options for a lot of different types of products and ways to borrow, ways to smooth their consumption over time, which means high debt, per se, is not a bad thing relative to income, necessarily.