I call the meeting to order.
Welcome to meeting number 37 of the House of Commons Standing Committee on Finance. Pursuant to the order of reference from the House, we are meeting on the government's response to the COVID-19 pandemic. Today's meeting is taking place by video conference and the proceedings will be made available through the House of Commons website.
This will be the first of three panels. Today we are fortunate to have the Governor and Senior Deputy Governor of the Bank of Canada with us.
Welcome, Mr. Tiff Macklem and Ms. Carolyn Wilkins. You're new in the job, Mr. Macklem, but not new to the Bank of Canada. The floor is yours and we'll ask you to keep it to about 10 minutes or less. Then we'll go to a series of questions. Congratulations on the job and welcome to the finance committee. We look forward to your presentation.