Thank you very much, Mr. Chair.
I just have one question, and I would invite any of my colleagues who would like to follow up to do so.
Mr. Carney, you stated earlier, I believe, that there are limits to the role the Bank of Canada's interest rates play in controlling or addressing inflation. Later on it was mentioned that low, stable, and predictable but not zero is what's desirable when it comes to the inflation rate. I want to make sure I understand price-level targeting and how that fits with the two statements. And is this policy of price-level targeting used elsewhere, in any other countries?