Thank you, Mr. Chairman.
Good morning, gentlemen.
I listened carefully to your presentations. What emerges from them is that access to credit seems to be under control. Mr. Hodgson mentioned that BDC and EDC are doing a good job in that respect. You're responding to the demand for credit.
In a release last Monday, I believe, the Toronto-Dominion Bank predicts an even bigger deficit in 2011, $81 billion, which represents $18 billion more than that forecast by the present government. That shows that you are more pessimistic about the country's future economic performance.
You seem to be responding to demand, but you're not saying a lot about the immediate future. In the medium and long terms, will you still be able to meet that demand? Should additional measures be taken to stimulate the economy and to enable you to continue meeting the demand for credit? Currently, you can easily meet demand. If people are highly pessimistic, they won't even dare apply for credit. That's not necessarily indicative of a good economic situation.
Mr. Drummond, you said that you had many experts forecasting economic performance; so I'm speaking to you first. Is the present economic plan adequate? Will you still be able to meet demand for credit?