Thank you, Mr. Chair.
And thanks to each of you for your input today. It's very helpful to us.
Dr. Sumner, you're familiar with Nick Rowe's blog. Mr. Rowe sits on the C.D. Howe Monetary Council. On his blog recently, Rowe compared CPI and nominal GDP trend lines for the Canadian economy, and since 2008. What effect do you expect that nominal GDP targeting would have had on Canadian unemployment levels compared to status quo inflation control targeting?