Thank you to Mr. Giroux for being here.
Before I ask some questions to Mr. Giroux, I do want to correct for the record. My friend Mr. Fragiskatos suggested that Andrew Scheer advocated cutting CERB or taking Canadians off it. That is simply not the case.
Mr. Giroux, you noted in answer to a question posed by Mr. Cumming that the current projected deficit of $252 billion is a very optimistic projection. It's certainly understandable that you would say that. On April 9 in your fiscal scenario, your office estimated a budget deficit for fiscal year 2021 to be $184.2 billion. Three weeks later, that is now up to $252.1 billion, $70 billion more in the span of three weeks. In other words, it's more than three times the estimated deficit pre-COVID for fiscal year 2021. They're really staggering numbers when you put it in that context.
Now your figure of $252.1 billion, as you note, is up to federal measures taken to April 24, so presumably that excludes the Canada emergency commercial rent assistance program as well as the student package, among other measures.
In your testimony, you stated that, taking into consideration federal measures after April 24, the budget deficit would be a few billion dollars more. I was wondering if perhaps you could elaborate on just how much more, if you're in a position to be able to comment.