Mr. Chair, yes, it's very much a made-in-Canada problem. You just have to look at how rapid the growth of any kind of measure of money has been.
It's very much made in Canada. A large part of that, a sort of a parallel problem, is, again, housing price inflation. That doesn't show up fully in the CPI. These are asset prices that aren't fully captured in the bundle of spending. I would say that the housing problem, the housing price problem or the asset price problem, and the CPI, yes, are a product made in Canada by the Bank of Canada, for the most part.