Thank you, Governor and Senior Deputy Governor, for being here today.
I want to quote Ms. Wilkins. You made a speech, Mr. Poloz, that you've referred to a number of times during your presentation today, and you said, “The legacy of a financial crisis is a heavy burden for any country, and paying down debt impedes normal economic growth for a long time.”
Given that quote, how significant a decision was it by our government when we assumed power in 2006 to pay down $30 billion in debt? Could you answer that? Also, how significant is it that, of the G-7 countries, we are going to have the first balanced budget in 2015?