Thank you very much, Mr. Chair.
Mr. Giroux, thank you very much for being with us again. It's always a pleasure to see you.
In "A stochastic debt sustainability analysis of Budget 2022", you said that, "most future debt paths would result in a lower gross debt-to-GDP ratio after five years". You also wrote that "it is likely that the Government will meet its objective of maintaining a declining federal debt-to-GDP ratio over the medium term."
Can you give us more details about the process used in this analysis to reach these conclusions?