Thank you, Mr. Chair.
It's always a pleasure to have you before the finance committee, Mr. Carney.
I was first elected in 2008, and it seems there has been a number of very significant challenges we've had to face as a government since that time. Certainly, I want to note that in your monetary policy report you underline:In Canada, while global headwinds continue to restrain economic activity, domestic factors are supporting a moderate expansion.
Given that comment, would you conclude that the greatest risks to our economy are really external events outside our control, like the European crisis? Would that be a fair comment?