I admit that the decision to do it every three years is somewhat an arbitrary one. However, it would be extremely onerous to have to return to Parliament every year to set a new borrowing limit. It's about the same as the current system; all we are doing is examining the debt flow.
It should be pointed out that the budget contains five-year forecasts. The outlook is for the medium term, up to five years ahead. We decided to provide an update every three years, making it possible to better balance tax planning and debt management. The approach offers more flexibility from a management standpoint.
It could prove difficult if the government had to return to Parliament every 12 months to adjust the limit. That's a very tight time frame, especially during an election campaign.