Thank you, Madam Chair. I'll commence conversation here with Mr. Sabia.
My area of inquiry will be the interplay between the CERB and the CEWS. I think that most economists as well as Canadians would have preferred to see more of the employer-employee relationship retained; however, when we look at the numbers, it appears to me that while the CERB was oversubscribed, the CEWS was undersubscribed, and that may have cost Canadians jobs, severing that important relationship between employer and employee.
Mr. Sabia, would you characterize that statement as correct, or how would you differ?