Thank you.
In essence, the federal government is being quite generous in moving towards 6% predictable, stable funding so the provinces can plan ahead. And as we've indicated, their own budgets say they're not spending 6% anyway. But we're going to increase it anyway. We're going to make sure there's a floor of 3% after the next five years, which to me is a good plan.
I have a family, five children. I know when I have to spend money on certain things, I cannot spend more than I actually make. I can't earn $1,000 a month and spend $1,500 a month. So taxpayers also are cognizant that they pay every dime that the government pays out. It is taxpayers' money that gets paid out. It's not some government bottomless pit.
So when taxpayers are able to afford to pay more, they will pay more, because not only is there a 3% floor, it's going to go according to growth of economy. That would mean there is potential in the future, even with that floor of 3%, for taxpayers to actually even be paying more than 3% if the economy grows more than 3%.
Am I accurate in that?