Steve Saretsky

So like you have these LNG facilities that are actually powered, not by LNG, but by electricity.

Canada is number two in the world for natural gas resources.

Yeah, I think we are.

I think we are moving in the right direction.

But to sort of summarize, you know, we've – yeah, I feel like the loony hour is really – we don't get everything right.

But, my God, I think over the last – since we started the podcast, what, five years ago?

Like, just to see all these – many of these brain-dead policies getting reversed years later.

True, but we also, I mean, I don't know, I brought it up.

what eight, nine months ago saying like, like it, it was originally a big concern, but I mean, as the data start to play, I think the biggest thing, and that's what Keith and I were talking about being in the podcast is that like, it was a much, much bigger concern, uh,

when mortgage rates were like literally, I mean, they got as high as about six and a half percent.

Right.

I mean, if you have people renewing off, you know, 1.2 and renewing at six and a half, that's a real problem.

Going from 1.2 to four is, it's tough, but manageable.

Yeah.

Um, you know, I think a lot of the concern was, Hey, six and a half, is it going to seven and a half?

Um,

So thankfully for a lot of those borrowers.

But, I mean, it's still really interesting just looking at a lot of the data.

I mean, we didn't really touch about it on the event or anything, but looking at the number of court-ordered foreclosures, the delinquency rates in Canada –

they're still like, I think nationally, like 0.6% nationally, which I think in the U.S.