Thank you, Mr. Chair.
I want to reiterate what Mr. Rajotte said earlier. I really do appreciate your work. I am probably one of the one or two people who actually stay up at night to read the stuff and get giddy about it, because it is very interesting. I do appreciate that, and I appreciate your department's work as well. Saying that, we have to ask our questions, and we are very interested in that.
I do appreciate your comments to Mr. Mai, suggesting that initially doing this and maybe dragging the economy a little bit, which makes a bit of sense—it does make sense—over the medium term and the long term is going to be of a real benefit to Canada. I think that's what it's all about: real long-term benefit.
On page 3 of your report you talk about three things that would cause us to have problems, and one is the larger impact of commodity price weakness. I want to comment on that. On page 11 of your report you talk about how you revised the commodity prices up modestly.
We had the Governor of the Bank of Canada here a couple of days ago, and he said that commodity prices are high and they're going to remain high for the foreseeable future. I do see a conflict in that, and I would like a revised update based on that expertise from the Bank of Canada and what he sees as being the ongoing commodity prices.
I also want to know if you've taken into consideration the Canadian Energy Research Institute and its forecasts for what's going to happen, for instance in the oil sands generally, and for energy across the country.