Thank you for appearing today.
I want to go over your models a little bit. You had mentioned that inflation has been driven, as it usually is, by the fact that demand has outstripped supply.
You had said that you built in the government spending. I assume that you do it based on the government's projection.
In the fall economic statement, they projected 2% in growth. If, in this budget—which is coming up in a couple of weeks—it was more like what this Liberal government has done traditionally, which is a spending increase of 7% to 8%, would that affect your ability to take a pause?
Would that affect inflation? Would that affect your models?