Thank you, Chair.
Welcome, Governor and Deputy Governor.
Governor, in your introductory remarks, you spoke about the imbalance between aggregate supply and aggregate demand. On aggregate supply things, there are things that policy-makers can and should do: encouraging productivity gains in the economy, putting in place policies and increasing the supply of inputs, one of them being labour.
Can you indicate the impact that policies are having on the aggregate supply picture in Canada with regard to labour, namely the implementation of a number of policies, including day care and the Canada child benefit?