Thank you.
Welcome back to the committee.
Thank you for the clarification on the pollution pricing and the carbon rebate. I cannot call it a tax.
I would like to stay on climate change, if I could. I believe it was my topic the last time you came to committee as well.
Given that climate change is becoming an increasing force or a major factor in the economy, and that this can also lead to increased supply disruptions, I would like to focus on this for a moment. In previous appearances, you stated that you were working on building a model on the effects of climate change into your main macro models or economic models.
Has there been any progress on this front? If so, I would be quite interested in hearing.