We will now reconvene the meeting. It is meeting number 34 of the House of Commons Standing Committee on Finance, and we have our second panel of the day.
We are operating under the order of reference from the House to look into the government's response to the COVID-19 pandemic. I think most people on this panel know that the meeting is taking place by video conference and the proceedings will be made available through the House of Commons website.
With that, I welcome each and every one of you. Like some of you, I also had a microphone and headpiece that conked out today, so I'm just using my unit. I'll have to get a new one.
I'd appreciate it if you could keep your remarks as tight as you can to five minutes. We have a lot of witnesses and to get all the remarks in, we will have to keep them quite tight.
We'll start with the C.D. Howe Institute. Jeremy Kronick is the associate director of research.
Mr. Kronick, the floor is yours.