Thanks to the governor and the senior deputy governor for being here today.
We also would like to thank the senior deputy governor for nearly 30 years of service to Canada and wish him well in his new responsibilities going forward.
Governor, you recently remarked on the bank's monetary policy report, wherein you noted that the performance of Canada's export sector is critical to economic growth, yet competitiveness challenges still exist for Canadian exporters' ability to grow abroad. Can you please expand on what those competitiveness challenges are?