Thank you.
I'm sorry that our time is coming to a close. There are certainly a number of other things I'd be happy to get your thoughts on. I'm going to put one out there in case you want to answer, but I think I might know your answer. I am interested in those who are far more exposed to hikes in interest rates, either because they just have lower incomes, or because they have a higher debt-to-income ratio.
What kinds of fiscal policies might complement rising interest rates in order to try to relieve the pressure on households that are going to be disproportionately affected by rising interest rates? I'm putting that out there in case you want to come to that.
I have a second question, for which I have more optimism about getting an answer, regarding central bank mandates.
In Canada, we just renewed the mandate. Full employment didn't enter into the mandate. We know that some of our other allies are incorporating other things into central bank mandates. I believe New Zealand has explicitly incorporated something on housing prices in its mandate. The United Kingdom has incorporated a kind of green financing or climate change-related principle to its mandate.
On that last point, what role do you believe the Bank of Canada could play in trying to transition Canada away from investments in fossil fuels and other carbon-intensive industries, and are there other ways the Bank of Canada might help the Canadian economy transition towards a more green and sustainable model?