I call the 12th meeting of the Standing Committee on Finance to order.
This is our second meeting continuing our study of measures to enhance credit availability and the stability of the Canadian financial system.
We have one witness for an hour and a half here this morning. It is Mr. Pierre Duguay, Deputy Governor of the Bank of Canada.
Welcome, sir. You will have up to ten minutes for an opening statement, and then we'll go to questions from members. You may begin at any time.