Thank you, Mr. Chair.
As a fairly new member to the finance committee, I have to look at the challenging situations that economists are finding right now. Revising forecasts is a fairly common experience, especially during these unprecedented times.
I notice that you say we may want to consider whether the recently updated private sector forecasts represent a realistic economic outlook. Knowing that we base our forecasts on 17 private sector economists, I would ask what you actually mean there. I note you're at 1.5% and the Bank of Canada is at 1.9%. Are you saying their forecasting is not solid?