Thank you.
Good afternoon, ladies and gentlemen. I'm going to be addressing my questions to Mr. Page, whom I am happy to see here again.
You are the reliable financial conscience of the government. And so it is important for us to hear your comments and to be able to obtain answers to our questions.
What interests me—my colleague raised this matter a little earlier— is that your next report take into account not only the viewpoint of the federal government, but also that of all the provincial governments.
Personally, I think that that is a good way to try to clarify some of the uncoordinated actions taken by the central government. Let us take for example the tax harmonization that has been granted to certain provinces but has not yet been settled for Quebec, although many think that that tax has been harmonized. I think that that is what Mr. Burleton was saying earlier. We see some individual dealings by a central government.
I'm thinking of revenue from Hydro-Québec that is not treated in the same way as revenue from Hydro One in Ontario. In Ontario, that income is not considered government revenue, contrary to the situation in Quebec. Consequently, that influences the equalization payment and the famous formula used to calculate it.
Will the approach you are proposing help to harmonize the government's actions? Would you be able to target particular approaches that are not recommendable and to suggest, rather, that there be federal policies that apply to the country as a whole?