I call this meeting to order.
This is meeting 77 of the Standing Committee on Finance. The orders of the day, pursuant to Standing Order 108(2), are to study the report of the Bank of Canada on monetary policy.
I want to welcome our two witnesses here this morning.
First of all, we have the Governor of the Bank of Canada, Mr. Stephen Poloz. Welcome back to the committee, Governor. I am glad to have you with us.
We have the senior deputy governor, Ms. Carolyn Wilkins, back to the committee as well. Thank you so much for being with us this morning.
We understand you have an opening statement, and then we'll have questions from members. Please begin.