Briefly, I guess there's been a debate amongst economists about the effects of public spending cuts on growth and job creation. The IMF did put out a major study, and they've clearly come down on the side of those who argue that spending cuts will weigh on a recovery in a slow economy, that a 1% cut to government spending, which is about what we're looking at next year, if we look at the federal and provincial governments combined, will lead to a loss of growth in the first year of about 0.7%.
We have no problem with a review of government spending. I think governments should always be reviewing their spending priorities and reallocating, but in terms of whether now is the time to be making major cuts out of total federal government spending, I think the answer is no.