Thanks very much.
I'd like to direct some of my questions to Mr. Charlebois as well, if I may.
Welcome back to the committee, Mr. Charlebois.
In a prior exchange and a discussion with one of my colleagues, you said that the Bank of Canada estimated the impact of the price of pollution on grocery prices was about 0.15%. You also said that it's impossible to estimate accurately the impact of the price of pollution or of the carbon tax on grocery prices.
One thing I hear from my constituents in Etobicoke Centre all the time is the question, “Why are grocery prices so high?” We've spent a lot of time on this aspect. I'd like to talk about some other causes of food prices and grocery prices being so high.
My first question is this. Could you share with us, to the best of your abilities, what the impact of Russia's invasion of Ukraine is on food prices?