Thank you, Mr. Chair. I think the record will show I'm factual, in any event.
Mr. Carney, a lot of actors in the economy out there, especially manufacturers struggling to remain competitive, feel that the value of the dollar is too high and that the Bank of Canada, instead of just focusing on inflation, should adopt a monetary policy that would lower the value of the dollar.
Could you explain to the committee why it is important to our country for the bank's monetary policy to aim at maintaining a low and stable inflation rate?