I have a few questions for you concerning the equalization formula. The budget implementation legislation provides for some changes to the equalization formula.
I have two main questions. Firstly, if we disregarded these proposed changes and used the formula in effect in 2008-2009, what would Quebec's equalization entitlements have amounted to in 2009-2010 and in 2010-2011?
Secondly, can you confirm that without the changes to the equalization formula proposed last fall by the Minister of Finance, Quebec would have received roughly $1 billion more in equalization payments that it stands to receive under the new formula?