Thank you.
The government has also recently abandoned the idea of fiscal anchors, even though the finance minister's mandate letter actually references fiscal anchors. In fact, they've instead used “fiscal guardrails”, which relate to the stimulus spending.
I ask you to comment on whether fiscal anchors are necessary, especially in a critical time like this, when we've just come through the worst pandemic of our lifetime. Mr. Wudrick, with the massive fiscal management challenge we're going to have, how important is it for this government to put in place fiscal anchors that will guide the government when it comes to the management of our national finances?