It is very much an issue that we are concerned about within the parliamentary budget office. In our report, we've tried to start bringing more focus to the question of debt service charges, first by portraying the track that you described from different perspectives. We highlight, for example, that we see debt service charges, as a share of every available dollar, rising over a five-year period from essentially 10.6¢ on the dollar up to 13.1¢ by 2030-31. That's one way to draw attention to this. It is starting to rise under current tracks with current expected interest rates and so on. From a per capita basis, that rises from roughly $1,300 to almost $1,900. Under a status quo track, it very much is showing the type of profile that you're talking about.
I think the Bank of Canada has been increasingly pointed in drawing attention to the dynamics that you speak about, including the ownership of amounts of debt by hedge fund owners, as well as the potential for essentially coincident risks happening in the global environment in stock markets and so on. From a number of perspectives, that draws our attention to risks within that debt service profile.
While not defining the question here, I'd certainly be open to speaking with you and other OGGO members about what type of sensitivity analysis we might put in play that would help in understanding these measures and where the risks are, for sure.