Thank you, Mr. Chair.
I think there is an enormous opportunity right now in an expanded program, in infrastructure spending. I think Mr. Saxton's points were well made. I think we are talking about historic expenditures over the next ten years. But I think given the environment, given the weakness of the Canadian economy, the global economy, and I think given the incredibly low effective interest rates, treasury bill rates under a percentage point, ten-year government bond rates with a 2.5% range, what a great opportunity to invest in infrastructure.
I think there would be short- and long-term positive impacts. I think the work done on stimulus in 2009-10 showed that infrastructure had a relatively big impact. If we go to balanced budget legislation, I think it would be a good idea to separate out current budget from capital budget so that we don't limit our opportunities to invest for the future.