Thank you, Madam Chair.
Mr. Macklem, I'm going to quote a section in your most recent monetary policy report, which says, “Weak growth is likely in the second half of 2025”, and that “After contracting in the second quarter, GDP growth is estimated to be about 0.75% on average in the second half of the year.”
When we look at it on a year-to-date basis, is it fair to say that performance is basically neutral for our economy? Of course, the Prime Minister is promising Canadians he's going to be building the economy at unimaginable speeds not seen since the Second World War. I did a bit of research. It looks like Canada's GDP growth following the years of the Second World War was between 6% and 7%.
Based on your forecasts, when do you expect we would achieve that 6% to 7% GDP growth?