Thank you very much, Mr. Chair.
Let me begin by pointing out that, at a time when inflation is a global phenomenon, our government is taking a balanced approach, an approach that balances fiscal responsibility with compassion.
Let me talk about the fiscal responsibility in our plan. Canada today has the lowest deficit in all of the G7. Canada has the lowest debt-to-GDP ratio in all of the G7, and just hours after I tabled our fall economic statement, we reaffirmed Canada's AAA credit rating—