Certainly, and I think that was one of the points I wanted to make was that the provinces have actually taken the mantle up from the federal government, and they now have more debt than the federal government for the first time in history. The provinces are actually taking more of that burden in terms of driving economic growth.
The fact is that with high household debt largely tapping out the household sector and the corporate sector being in quite good financial shape but unwilling to spend on capital dollars, given the oil rout, for the foreseeable future we're seeing the end of monetary policy with interest rates effectively at 0% now. The only actor left in the economy to drive growth is the federal government, which is why the argument is that the federal government should be spending those deficits instead of the provinces.