Thank you to all the witnesses for being here. Everyone did a great job of presenting material and we really do appreciate you being here.
Unfortunately, as a committee, we have to make such weird transitions from one subject to another subject.
Mr. Asselin I'm going to talk to you a little bit about productivity. It's something that you've talked about. We've heard a lot about productivity from all sides of the table.
I don't wish to get into a partisan discussion; I just want to talk meat and potatoes here about productivity. One comment from your article entitled “New Trudeau cabinet, same old spending—this hurts the middle class” was, “Redistributing borrowed money may look virtuous, but at the end of the day it will make us all collectively poorer.” Then you go on to talk about the 23¢ on every dollar that goes towards debt servicing.
Can you talk about that and the impact of the government spending money? Although it might have the best intentions, it actually will hurt the most vulnerable in our society. Do you agree with that?