First of all, I just want to underline the challenge of food price inflation. Food prices went up a lot in 2022-23. Food price inflation actually did come back down, but the prices didn't come down. When you go to the store, you pay prices, and that's what people are feeling. In the last number of months, you've seen a resurgence of food inflation. It has been running around 4% now for a number of months. As the senior deputy governor mentioned, we had been hopeful that a number of the global factors that had boosted it were starting to fade and that you would see it come back down. However, now with the war in Iran, there's a new set of factors. You have higher energy prices. You have potentially higher fertilizer prices. So it's difficult to say with confidence that food price inflation is going to come down quickly. That is affecting every Canadian.
These factors—the war in Iran, higher global fertilizer prices—are not things we can control. The only thing we can do is to make sure that if food prices are higher, some other prices have to be going up less, so that overall inflation is 2% and the whole basket of people's goods isn't all going up faster. But, yes, I understand—