BANK OF CANADA just said it: "Canadians must accepta LOWER standard of living."

And unfortunately, what that means is unless something else changes, our incomes will be lower than the otherwise would be they're gonna grow, but they'll grow along. This is the old path now there's a new path which is below the old path. There are things the country can do to try to bend that curve up, but those aren't things monetary policy can do. These are more structural structural changes I mean, fundamentally as a senior deputy governors is hammered many times we need to get our productivity growth up and if we can do that as a country, we can bend that curve up so I mean, I think what's you know what's most concerning? Is that unless we do unless we change some other things or standard of living as a country Canadians is gonna be lower than otherwise would've been.