All right, Mr. Chair, we'll try a different question, then, as we're not getting any answers. We have lower interest rates than ever before. Normally, it means you lock in those rates for the long run. Anybody who has a mortgage knows you lock in for the long run when rates are low. What percentage of Canada's national debt is locked in for more than five years?
Mr. Chair, I'd be happy to get this information to the member, but I would acknowledge that as we manage the treasury function for the Government of Canada, we look at the short term, the medium term and the long term. We think we have come up with a responsible approach to managing the ongoing debt that we have as a country.
Mr. Chair, it turns out, according to Department of Finance officials, that less than 3% of Canada's recently added debt since March is for terms of more than five years. Why has this minister made Canada so susceptible to future interest rate hikes by failing to lock in the $371.5 billion of new debt he's added in the last two and a half months?
Mr. Chair, we continue to manage the treasury function of the Government of Canada in a responsible way, making sure we consider what debt should be issued in a short term, a medium term and a long term, which we've been doing as the Government of Canada during our entire term and as previous governments have done as well.