Thank you, Mr. Chair.
Thank you to the Parliamentary Budget Officer. It's a very interesting discussion we have going on today.
My question is to the Parliamentary Budget Officer. When you were before committee in early March, I had asked you about the worrying fiscal sustainability issues with the northern territorial governments and the situations they were facing.
I can only imagine your next fiscal sustainability report will show that the pandemic has made the situation far worse. Given our small tax base, high service and infrastructure gaps, and the very limited fiscal levers the territories have relative to the larger orders of government, would you agree that the north is in a particularly precarious situation now?