Right. We'll hopefully get some answers from the next witness, Mr. Cross.
We are now running a $20-billion deficit and this is in an environment that the government admits—through its own financial statements released just two weeks ago—all of the good fortune, all of the luck is going in our favour. We have record-low interest rates, oil prices have doubled, the housing bubbles in Vancouver and Toronto are generating government revenues, the U.S. and world economies are roaring, so all of the factors that are out of the control of the government are going in favour of government revenue. That's why we had a $20-billion revenue windfall last year.
If, in that environment, we can't come anywhere close to balancing the budget, under what circumstances could the government ever balance the budget?