Debt service costs are now basically the second-largest line item in the budget. OAS costs are higher. They're more than we spend now on health care, and that gap is going to grow in the next couple of years. Understanding the sensitivity about what would happen if interest rates don't drop, as the government predicts, what is that going to do to the fiscal framework? I think it will prevent some money being available for more productive uses, whether it's tax cuts or social programs.
I'll ask about the impact on the fiscal anchor, because I know that was also part of the work you did. Did I read your work correctly that, based on some of your assumptions, the government has about a 1% chance of keeping its new fiscal anchor?
