I don't think Canada has as major a debt load as other countries in the OECD. I would point out the U.K, the U.S., Spain, and probably Ireland as well as countries where personal debt loads are much higher than they are in Canada. As to the impact of them on people's savings behaviour, I'm not aware of any studies that have particularly looked at that question.
Clearly there's an awful of people who are heavily in mortgage debt but who at the same time are still saving in the form of private pensions, in all of the countries I've mentioned. So it clearly is a constraint. I think the major debt effect is going to be, really, on the housing market rather than on pensions.
You've raised the issue of whether this affects women more than men. Again, I am not aware of any study that has looked at it. It is an extremely interesting question, which I think should be studied.