Thank you, Governor and Deputy Governor, for being here today and for this important discussion.
I am spending an exorbitant amount of time visiting small businesses in my riding of Davenport. They're struggling, because since the pandemic, input prices, some of them, have not gone down. They continue to remain very high. Consumers have changed. The economy has changed. The world has changed. Many of them are pivoting.
The question I have for you is this: How does the recent interest rate cut impact Canadian businesses?