Thank you very much, Mr. Chair.
Thank you, Mr. Carney. I'm a new member of the committee, and so I welcome you here. I was looking over the transcript of your August 19 appearance before the committee, where you paid tribute to federal stimulus that “provided important further support to domestic demand, contributing significantly to Canadian economic growth through 2009 and 2010.”
I know that most recently you have projected Canada's growth rate dipping to as low as 0.8% in the last three months of the year. So I'd appreciate any comments you might have about that dilemma or choice between continued fiscal stimulus as opposed to austerity measures, and looking at other tools aside from monetary tools that we as a finance committee might recommend to the government to get through this period of slower growth.