Thank you, Mr. Chair.
Mr. Hayos, you said the government's ongoing corporate tax cuts were necessary for the country's economic recovery. I would like to know what specific analysis you base that on, but I'll go a little further. Witnesses before our committee have talked about the fact that the corporations are now holding in the area of $500 billion that they're not investing. That has to do with fears of a credit crunch again. The FCM and the Conference Board of Canada have been calling for more government intervention particularly in the area of investing in infrastructure. We have interest rates at practically record-low levels. It strikes me that this is the time for the government to leave or to take a leadership role in investing in the infrastructure the $130 billion that's outstanding.
The Department of Finance figures say that every dollar invested by the government in infrastructure generates $1.50 in the GDP. I'd like you to comment on that if you would, sir.