Thank you, Chair.
Thank you, Governor and Deputy Governor, for being with us. We always enjoy your visits, and they are always informative.
We have spoken about what I would think we all agree are solid fiscal policies that have been carried out in Canada and that have resulted in a strong position, relatively speaking, compared to so many of the other countries in the world, specifically the G-8 and most G-20 countries.
You touched upon some of the policies. We remember our former finance minister, the late Jim Flaherty, who used to talk about the conversations within the inner circles about what was necessary, and governments participated in a program that certainly saved us in 2009 from fiscal ruin. I am hearing cautious optimism as your approach to how you see the Canadian economy. What are the things on a global scale that keep you awake at night, things you see as something that we, as a government here in Canada, can do very little about but that will affect our economy? Is there anything particular in Europe at present? I wonder if you could just elaborate on that.