Thank you kindly, Mr. Chair.
My questions are for Mr. Smith, in Calgary. I'm delighted to be speaking with you, and I'm glad that the technical problems were sorted out.
It's great to have you with us, because Calgary and Quebec City have a number of things in common, including a very low unemployment rate, worker recruitment problems and housing issues. lf Gary Bettman was on board, we could, one day, have a professional hockey team to rival the Flames.
Your approach was very interesting. I quite appreciate the fact that, when it comes to managing government spending, you favour a more realistic, consistent and predictable approach. This week, the Parliamentary Budget Officer revealed that program funding had again not been spent. Even money allocated specifically by the government and infrastructure money had not been spent.
Like Quebec City, Calgary is facing challenges when it comes to infrastructure renewal and development. Could you comment on the whole issue of unused funds, which could be classified as further budget cuts by the federal government?