Thank you, Mr. Chair.
Welcome, Senior Deputy Governor and Governor.
In the last three months we've had a series of data reports come out. We had the business outlook survey, the monetary policy report, this morning the February GDP, and in the last couple of weeks, the international trade report. One measure that we brought in, in the fall economic statement, and it's in the budget implementation act, is the accelerated capital cost allowance, which has been referred to in both the business outlook survey and the monetary policy report, and it seems to me that firms are responding to that measure.
Would you care to comment with regard to the immediate expensing and what that should do to firms' investment intentions?