Thank you very much.
Also, thanks to Gabriel Ste-Marie for giving Peter the time that he just gave me.
I'm going to resume with a question that I was asking the Parliamentary Budget Officer earlier. We're very concerned with any increase in inflation, as obviously we have a lot of debt as a nation, but in two conversations this committee has had with two governors of the Bank of Canada, Steve Poloz and Tiff Macklem, both expressed not so much concern about inflation, but see deflation as a bigger risk.
If there's time, I'm not sure which one of the witnesses, Ian or Mr. Robson, is more interested in taking this up. What do you see as the relative risk between deflation and inflation?