There are really two questions there.
On the first one, I don't see it as my role to opine on fiscal policy.
I will say in terms of the budget that it lays out a track for spending. Underlying the budget is a forecast that is an average of private sector forecasts. That forecast is not that different from the forecast that we published last week. We are actually a little bit stronger. Our forecast is a bit stronger this year, which I think largely reflects the fact that the data coming out in the last month or so has been fairly positive, but for next year or the year after, the forecasts are fairly similar. These are forecasts. As I just highlighted, there are risks around them, but it's a reasonable planning basis.
In terms of your own assessment as parliamentarians of the fiscal track—and I know you're speaking with the Parliamentary Budget Officer—I think you want to look at international comparisons. We were fortunate in Canada to go into this crisis with the lowest net debt-to-GDP ratio, and we will still be retaining that position. The other thing you can do is look at credit rating agencies. Yesterday, S and P reaffirmed Canada's AAA rating. Different agencies have different assessments. Those are I think all good resources at your disposal.
With respect to the Bank of Canada, which is really what I want to talk about, what can we do to assure Canadians that we will control inflation? We have a very clear mandate. We have a strong record now of 30 years of inflation targeting, and we have consistently realized that objective. I can tell you that as governor I am committed to getting the economy back to its potential output, with inflation sustainably at 2%. As I said, we still have some way to go, but we're closer than we were the last time I was in front of this committee.