Thank you very much.
I have a quick question on the inflationary impact of the carbon tax.
Tiff Macklem said that, when it was at $40 per tonne, the inflationary effect on gasoline, natural gas and fuel oil was about 0.4%. We now see it going up to $65 per tonne. That's about a 60% increase in the carbon tax.
Would it be fair to say that—based on Tiff Macklem's analysis, as well as your own—you could reduce inflation by upwards of a full per cent, if, in fact, the carbon tax were removed? If you don't have an answer right off, that's fine. You can get back to us