Our fiscal strategy took that into consideration. I think our borrowing limit during the 15th assembly was $350 million. When we built the Mackenzie Valley bridge, we were able to increase our borrowing limit to $500 million, I think. When we built the Inuvik-Tuk highway, we wanted to be a partner but our borrowing limit was hampering us. We were able to increase it to $1.3 billion.
Our fiscal strategy, for the first two years of this government, our 18th legislative assembly government, has been to have budget reductions so that we would be in a situation where we could invest in infrastructure. If we get all three of the infrastructure projects that we've been talking about, we think we'd more than likely, depending on the percentage of investment required, also look at, as we've done in the past, a strategy of asking to increase our borrowing limit.
We think we have a responsible government. We have responsible financial managers. Our credit rating from Moody's is AAA, so we question the need for a borrowing limit, but we're prepared to play by the rules. If we're in that good position of having all of those infrastructure projects approved, we would seek to have a borrowing limit increase.