I call this meeting to order.
Welcome to meeting number 39 of the House of Commons Standing Committee on Finance. Pursuant to the committee's motion adopted on Friday, February 5, 2021, the committee is meeting to study all aspects of COVID-19 spending programs and related monetary policy.
Today's meeting is taking place in a hybrid format, pursuant to the House order of January 25, and therefore members are attending in person in the room and remotely by using the Zoom application. Proceedings will be made available via the House of Commons website, and the webcast will only show those who are speaking.
With that, we will go to witnesses. Mr. Tremblay and Dr. Kershaw, I'm not sure whether you have five-minute remarks again or not. You were here recently; you don't need to go through long remarks if you don't want to. We can go to questions.