Thank you, Jean-Denis.
As Jean-Denis said, we use our own macroeconometric model to put together our economic outlook. It's a model that shares some similarities with macro models at the Bank of Canada and at the Department of Finance. However, our outlook is entirely an independent outlook. These are our views and they differ most of the time from private sector outlooks and from other organizations. We produce an internally consistent medium-term economic outlook, and that contrasts with a simple survey of private sector forecasters where it's difficult to control for consistency and the exit and entry of forecasters from the survey.