Thank you very much, Mr. Chair.
Thank you, witnesses, for being here. It's nice to see so many people. Of course, with so many of you, we don't have time to get to everybody.
I'd like to spend a few minutes with the C.D. Howe and Mr. Kronick. You talked about inflation. We've seen inflation continue to increase. The Bank of Canada holds interest rates. Some expect that inflation will continue to persist into the year, and the Bank of Canada says that they have absorbed all the slack in the system. What challenges and upward pressures are there on inflation with a government that's still going to spend money coming up in the next budget?