That's great. Thank you.
Mr. Giroux, I'm going to ask you to play a bit of a simulation game with me. Let's agree that the fiscal anchor we're going to use is debt to GDP, and let's say we're going to put out a fall economic statement some time in September. Based on these two indicators, we have a debt one and we have a GDP.
Naturally some of these debts we are incurring might go to GDP, and some might not. Some of the debt we are incurring changes over time because of new measures we are introducing, or the changes to the way we are doing that. Some of this money we are accruing as debt is transfer payments to the provinces, which they may or may not use. It may or may not contribute to the GDP or growth.
Given all these variables, can you give me a sense of how relevant it would be to have a debt-to-GDP fiscal anchor when all these variables are there? If we could run a simulation for one program that we introduce—for example, the wage subsidy or the rent subsidy—what would it look like?