I only have two and a half minutes left, so I have to move on to other topics.
I want to make sure I fully understand the loss, and who's on the hook for that loss.
The Bank of Canada has an obligation to pay, in interest payments, money to the large financial institutions that have accounts at the Bank of Canada. It's now paying more in interest than it's receiving from the Government of Canada for the rate of the bond itself. What you've told the committee is that, barring any legislative change—which is hypothetical—the loss has to be covered by the taxpayers, in real terms.
Is that correct?