Thank you, Mr. Chair.
I appreciate Governor Carney being here today.
We appreciate your articulate answers. You usually get a grilling when you come here, so I'm going to change the channel a little bit. I'm going to ask people to think back to where we were 12 or 18 months ago. We need to recognize the role that you and your staff or your deputies played, as well as the finance minister, and where we could have been.
I still don't have a grasp of all of the role that the bank played. I pretty well understand the role that our finance minister played in keeping Canada stable and in making some of the right decisions. I know that you were a party to it. I don't know how much of it you can share with us. Most Canadians don't understand the role we have played, and I think it was exemplified this weekend in the fact that, with your assistance, the finance minister was able at the G8 and G20 discussions to turn around things that would have been hugely damning to the Canadian taxpayers. I think we all know that there's only one taxpayer in this country--you and I--and any tax on a financial institution would be quickly passed on to us. Just a quick comment on that, please.
Then I'll ask you for one quick explanation, if you could. We've had one individual from this committee stand up in question period and ask about the home renovation tax credit and why people who didn't pay taxes didn't get any money. Can you just very quickly explain how a tax credit works?