Our cost of servicing debt in Canada is 3% higher. About half of that is mortgage debt, and half of that is consumer debt of some some sort—autos or credit cards—yet the Bank of Canada rate is 2.25% versus about 150 basis points higher in the United States. The United States banks charge more interest, yet the United States consumer pays less interest.
Have you thought about how that doesn't work and how that equation isn't fitting for Canadians versus Americans?