Thank you.
I want to go to Mr. Caouette now.
Professor Caouette, thank you very much for your testimony. During the testimony, I was reminded of my first-year course in economic history with Professor John Munro. He looked at the ebbs and tides of economic power and primacy of various countries over centuries. In your analysis around the power shifts towards China, as well as the huge challenges that Canada faces with respect to those changing dynamics of where money is, where money lies, you also acknowledge that there's a reality of China's position.
I want to give you a chance to talk further on the emerging China—both the dangers that it presents to Canada, including challenges, as well as the opportunities that it could present in the future for Canada and how we can best prepare ourselves for a world that is in flux over the next 50, 100 or 150 years.