I will officially call the meeting to order.
Welcome to meeting number 19 of the House of Commons Standing Committee on Finance. Pursuant to the order of reference of Tuesday, March 24, the committee is meeting on the government's response to the COVID-19 pandemic. We're really meeting for the purpose of receiving evidence concerning matters related to the response to the COVID-19 pandemic and to consider a biweekly report to be provided by the Minister of Finance or his delegate on all actions undertaken pursuant to parts 3, 8 and 18 of the COVID-19 Emergency Response Act.
Today's meeting is taking place, as you're well aware, by video conference, and the proceedings will be made available via the House of Commons website. Just so you're aware, the website will always show the person speaking rather than the entirety of the committee.
In order to make the work of our interpreters easier, I would ask people to speak slowly and as clearly as they can, and that those who are not speaking to mute their phones. Before speaking, wait until the chair calls you. I have the speaking order here.
With that, we will start the meeting officially. I believe we will start with the Governor of the Bank of Canada, Stephen Poloz.
Governor, I want to thank you, first of all, on behalf of the committee for all the work you, the senior deputy governor, your board and all the folks at the Bank of Canada are doing these days to assist Canadians in getting through this crisis. We'll turn the floor over to you and then go to a round of questions.
Governor.