Thank you.
Monsieur Jean, following up on that theme of recession, I'm wondering how recession-ready you believe Canada is.
We know that automatic stabilizers can help a lot in the case of a recession, particularly when we start to see higher levels of unemployment. We know that the government recently took the employment insurance system out at the knees when it ended the temporary pandemic measures in September without replacing them with a proposal for modernizing EI systems. We hear that a recession is coming. We know EI's not ready. We don't have a timeline on when the government is going to replace it.
I'm just wondering, in respect of EI or other measures that you think would help mitigate the negative consequences of a recession, how recession-ready Canada is. What are some of the things the federal government could be looking to do to better prepare the country for a recession?