Public Accounts committee  I'll offer a short reply, recognizing, once again, that we came to support the public accounts versus this kind of broader policy area. The government has taken a number of steps. Just to be economical with your time, I'll let you know that they're summarized in the budget that was tabled recently around supporting affordability for Canadians—including with regard to groceries and junk fees—using a suite of measures such as competition policy, among others, that are consistent with federal powers.

Public Accounts committee  There are probably a few ways, both direct and indirect, that federal finances could be affected. I'll offer a couple of thoughts, but that's all they are. In the first instance, to the extent that provinces direct their expenditures to supporting Canadians in policy areas where the federal government is seeking provincial co-operation, some of those are identified in this budget.

Public Accounts committee  We were conferring amongst ourselves. Neither of us is likely the correct finance official to speak on tax issues. What I had whispered to my colleague was whether we had sufficient knowledge about the Canada recovery dividend to at least offer that explanation to you, but there have been measures coming out of the postpandemic context that have been particularly focused on financial institutions.

Public Accounts committee  The trends you've identified are again confirmed in the budget tabled, and we anticipate retaining that kind of fiscal strength in an international comparative context. We have projected nominal deficits that are modest in size and projected to fall over our budgetary horizon, as well as a diminishing debt-to-GDP ratio, which is the government's fiscal anchor.

Public Accounts committee  We have a limited ability to forecast Crown corporation income into the future, but what you've described as the general relationship between interest rates holds.

Public Accounts committee  We do.

Public Accounts committee  It is. For the presentational purposes in the budget, as you say, we aggregate with other Crown corporations, but we're able to follow up in writing.