Thank you for your answer.
Professor Grubel, I would like to go to you for just a second.
Recent data tells us that international student arrivals this year are down by 75%, that temporary worker arrivals are down by 71% and that asylum claims are down by 64%. These numbers are a result of policies that have been put in place by Canada's new government to reduce, stabilize and balance immigration levels across different programs.
From an economics perspective, can you tell us how this change will help bring stability and future long-term predictability to Canada's economy and labour market?