Thanks so much, Mr. Chair.
I do think it's important for us to go back to the actual transcript of the meetings that we're talking about, because we have something different from what Mr. Lawrence has indicated.
The most recent time that our governor came, in February, he confirmed that the annual increases in carbon pricing raised the average economy-wide price level by 0.1 percentage points and indicated that this would be negligible compared to other determinants of inflation within Statistics Canada's consumer price index calculations. It's also a one-time increase.
It's important for people to know that often, when you're talking about 0.1% or 0.016% or point whatever, it's hard to articulate to the public what that means. I think part of it is just making sure that people understand that it's a one-time cost. It's tiny and negligible, according to what our governor has indicated, compared to other determinants of inflation within the Stats Canada consumer price index.
Thank you.