Thank you, Mr. Chair.
Good afternoon, gentlemen.
My questions will be going to Mr. Robson and Mr. Lee.
I would like your advice on the following. A few weeks ago, the former Senior Director and Regional Representative at the Bank of Canada, Mr. Miville Tremblay, wrote an opinion piece in La Presse.
In that piece, he seemed to align himself with the thesis put forward by Ben Bernanke, the former Chair of the Federal Reserve in the United States, who described a global problem of too much money saved and too little invested, saying that the imbalance can particularly be seen with the low interest rates.
Do you agree with that analysis? Do you believe that the imbalance could resolve itself more quickly than we think and that interest rates and, potentially, inflation could go up?