Members, we are back with our second panel on policy decisions and market forces that have led to increases in the cost of buying or renting a home in Canada.
With us for our second panel, from BMO, Bank of Montreal, we have Mr. Robert Kavcic, who's a senior economist there. We are having technical challenges, I understand, with Desjardins Group, so Monsieur Jimmy Jean may not be able to be with us for this panel. From the Royal Bank of Canada, we have assistant chief economist Robert Hogue. From Scotiabank, vice-president and head of inclusion and resilience economics, Rebekah Young is with us; and from TD Bank Group, we have economist for TD Economics Rishi Sondhi.
Welcome.
With that, we're going to hear opening remarks first from Mr. Kavcic, for up to five minutes, please.