I think the way I would take that question is with what we are hearing from people around the world. I had the good fortune of going to the G20 meeting with the Prime Minister in early December, I believe it was, and I'm looking forward to going to the G20 meeting this week in Shanghai.
What we're hearing from people around the world and what we're hearing from the OECD is that fiscal measures are critically important as we deal with what we see as a low-growth world. We're seeing significant challenges in major industrialized countries from demographic challenges. We've seen that monetary policy has had an impact, but at a certain stage it's not able to have the same impact that it's had in previous times.
We believe that the idea of putting fiscal impacts into place in the economy can be very important for the economy and at the same time improve people's lives. We're quite clear that in dealing with a lower growth environment, in dealing with demographic challenges, in dealing with a volatile world economy and changes in prices in oil, our idea of moving forward on investments and moving forward to make our economy more productive and innovative is just the right way to go.
To the extent that we see lessons from other countries, we will certainly be very conscious of them. That's one of the reasons that it's very helpful to meet with finance ministers from other countries and central bank governors to get their experience and use that in our Canadian context.