Thank you, Madam Chair.
Mr. Macklem, your report illustrates the fact that when it comes to growth, we were somewhat saved by the growth in domestic demand, which was very strong. I'm referring specifically to consumer and government spending, and to investment to a lesser extent. We therefore had the equivalent of stimulus measures in the last budget.
We know that government spending is high, but clearly, we have issues with investment, which is weaker than we would like it to be.
As such, all is well in the short term, because we have growth. However, I'd like you tell us about projections for potential gross domestic product over a longer horizon. I'd like to know how we compare with other countries, and whether you expect a possible investment lag could hurt Canada's economy and ultimately, our standard of living in the medium-term.