Thank you, Madam Chair, and thank you to the witnesses for attending today.
Mr. Jacques, all our forecasting, or what you and your team would be doing, is a moment-in-time analysis, I would take it. In my previous career running a business, all you could use was a moment in time.
There are many fiscal risks that we have faced in the last year—12 months or less—but we've seen a lot of these recent developments in major trade agreements around the world and global capital attraction since our Prime Minister took office. In particular, on the weekend, we heard about a $70-billion deal with the U.A.E.
How do these things fit into...? They wouldn't have fit into your initial analysis of the budget, but obviously they're going to affect our ability to pay down debt and realize more returns.
Can you comment on that?
