That's excellent. Thank you for that explanation. It's very helpful for those who are paying attention.
Moving on, or pivoting slightly, we're certainly living in a period of considerable global uncertainty. Trade relationships, of course, are shifting, geopolitical tensions remain elevated and many advanced economies are facing fiscal pressures after years of responding to successive crises.
Looking strictly at the fiscal indicators and the economic outlook, does Canada enter this period of global uncertainty from a position of relative strength compared to most advanced economies?