Thank you.
I'd like to allow Ms. Walsh-McGuire another moment to further respond to some of the numbers that came out, in part from my colleague Mr. Sorbara. He mentioned the debt-to-GDP number, which sounded as though it reflected only the federal government debt. Most of the provinces, of course, are pretty much basket cases in terms of systemic deficits with no end in sight.
When you look at the entire burden of government debt on the Canadian economy, and coming through a period where, as many analysts think, we might be getting close to the peak of a business cycle, with recovered commodity prices and a real estate boom that has been under way, we have all this wind in the economy's sails, yet the federal government is still running a significant deficit.
Can you comment a little further on the wisdom of that? Can you talk a little more about the numbers for debt-to-GDP that actually include all of the government debt in Canada?