Finance committee  No, I am from Oshawa.

Finance committee  Thank you for your congratulations, and for your question. The short answer to that question is no. Monetary policy independence is enshrined. It has been since central banks were first created; that's why they were created. The bank's operational independence for monetary policy is legally enshrined in the Bank of Canada Act, well established in practice.

Finance committee  Thank you very much, Chair. It's a pleasure to be here. Good morning. Bonjour, tout le monde. The Bank of Canada's commitment to Canadians is to promote the economic and financial welfare of the country. One way that we do this is to communicate our objectives openly and effectively and stand accountable for our actions.