Thank you very much, Mr. Chair.
Thank you to all our witnesses for being with us today virtually.
Mr. Cross, you're currently at the Macdonald-Laurier Institute, but you mentioned that you were the chief economic analyst at Stats Canada and that you were there for a number of years.
We've seen through all parts of the business cycle a federal government that has spent through all stages and a central bank that has kept interest rates artificially low. You even referenced the kind of surprise interest rate cut in 2015, when the economy had record unemployment and things were going well. We had economic growth; we had record unemployment and we were spending money.
The government likes to point to really strong Q3 GDP growth, with a rosy outlook for next year. Do you think the economy requires additional government spending at this point?