Thank you very much.
After-tax corporate profits as a share of GDP in the year 2000 were less than 10% of GDP. In 2018, they were in the vicinity of 15%, and they're about 20% today, postpandemic. I appreciate and take you at your word that you weren't being glib when you talked about competition as being one of the answers to that for Canadians. When I look at passenger transportation in Canada and at the oil and gas sector, the telecom sector, the grocery sector and the financial sector, I see that none of these Canadian sectors are known for an abundance of competitors, but what they are known for is being high-entrance-cost industries.
Given that Canadians don't actually have a lot of options when it comes to this, what are some other ways we might look to provide relief to Canadians for the very real and substantial part of inflation they're experiencing that is attributable to outsized corporate profits? While I think competition, if it existed, might help, it really doesn't help in some key industries that set prices for things Canadians can't do without.