Mr. Speaker, I am following up on the quantitative easing issue. The Government of Canada went into a stimulus program. In January, the bank said it had normalized and finished its quantitative tightening process, but during the Speech from the Throne, I warned that this was an indication that the government was going to go on a spending spree again. From what I have seen over the last couple of months, as the fiscal house of cards has fallen apart, we are on the verge of massive new quantitative easing.
I wonder if my colleague might comment on the impact of that, particularly in the current context of the economy.