Thank you, Mr. Chair.
I would say that the first order of business is, as Mr. Page says, to maintain spending discipline, as the type of spending growth that we saw from about 2003 to 2011-12, I think, is something that we want to avoid returning to.
Secondly, I think there is a multi-party consensus in favour of making Canada's business tax competitiveness a priority. We saw a multi-year commitment to reductions to get us to our current levels of general business taxation. I think that's something that can be done on the personal income tax side, where we remain decidedly uncompetitive relative to the U.S. in particular and to other major industrialized countries.
I understand that fiscal restraints will prevent you from moving quickly, but setting out a medium-term plan to make Canada's personal income taxes more competitive I think would be a useful way to spend the fiscal dividend of the coming year.