Thank you very much, Chair.
Thank you, Governor and Deputy Governor, for being here. Thank you for your stamina to endure all of these questions.
I'm going to put my politician hat on.
Many politicians knock on doors often, as I do in my community. This is top of mind: cost-of-living issues, raises in interest rates. People are regularly talking about these things. The conversation we are having is an important conversation in terms of technical details, but it's really out of grasp for regular Canadians.
I want to ask you very directly, in plain language, when people are asking us the state of affairs when it comes to cost of living, making ends meet, paying for things, mortgage payments, what's the message we can deliver to them that they will understand about the future—about things to come—so that we can reassure them things will maybe get better?