Governor, to continue on with our conversation, in another paper you co-wrote in January with Mr. Asselin, one of your conclusions was that there was a high risk that the government would not be able to deliver the promises it made in the 2022 budget and the fall economic statement. You said that, if anything, even more spending and borrowing might be required in order to deliver on its policies.
It's pretty clear to me that you're basically sending a message to the government that they need to get their spending under control while at the same time investing in infrastructure and trying to grow the economy. I get that from your opening remarks.
I'm wondering if you could comment on that particular conclusion.