First, maybe let me add some clarity to this.
I just point out that CMHC, in the discussion that preceded my questions, it's not just their opinions they don't offer [Technical difficulty—Editor] but by law they don't offer advice on tax policy to the government.
I'll point out just for the record that the minister is absolutely clear that the government is not considering a home equity tax in any way, shape or form. Any suggestion to the contrary is entirely false.
I have a quick question for Mr. Céré.
Let's say the government had not introduced the emergency measures to support workers and businesses, such as CERB and CEWS. What would the impact on the economy have been?