Thank you, Mr. Chairman.
Thank you, Mr. Carney.
I want to thank you for that substantial presentation. I believe some ministers would do well to follow your lead in terms of the presentation you made. However, that does not mean that we agree with everything you said.
In your presentation, for example, you said:
The Bank's role in financial stability is at the heart of our legislative mandate to promote the economic and financial welfare of Canada.
Given the current reality in Canada, with the surge in energy prices, there are, in a way—although you probably would not put it this way—two economies in Canada: the western economy, where there is a significant inflationary trend, and the central economy, in Québec and Ontario, whose situation is completely different.
Do other mechanisms need to be developed for there to be appropriate consideration given to these two sides, which may seem contradictory?