Welcome back, everyone.
We are now in the second hour of our meeting today.
We have a panel of three witnesses.
As a reminder to our witnesses, kindly wait until I recognize you by name before speaking. All comments should be addressed through the chair.
In terms of our witnesses for the second panel, we have, as an individual, Michael Bonner, senior fellow, Aristotle Foundation for Public Policy. We have Mr. Don Chapman, who has written a book on lost Canadians. From the Office of the Parliamentary Budget Officer, we have three guests: Mr. Jacques, interim Parliamentary Budget Officer; Mr. Elmarzougui, senior analyst; and Louis Perrault, director, economic analysis.
Welcome to you all.
Up to five minutes will be given for opening remarks, after which we will proceed with rounds of questions.
Mr. Bonner, we have you up first for five minutes.