Governor Carney, it seems to me that in today's climate of very low interest rates--some of the lowest we've had in a long time--it would make sense for the government to start to address the infrastructure deficit that municipalities have been citing for a while. In fact, the members of the NDP have also been calling for that to be addressed.
We've heard today that corporate Canada is sitting on about $500 billion in cash. Would it not be appropriate at this time for the government to take the lead in a robust way to start addressing the infrastructure issue? That may well require borrowing, but with the low interest rates we have now, would it not be an opportune time to do that, and possibly get cash from the corporate community as well?