You've mentioned the fiscal situation in the 1990s a couple of times now. Mr. Jacques talked about that, too. In September, at the beginning of his appointment as interim PBO, he said, “Now, with the federal debt-to-GDP ratio forecast to increase, if we don't change things, we're going to end up there again.” In talking about the 1990s, he said we were “going to end up there again” if things don't change.
Do you agree with Mr. Jacques that the current finances of the country are unsustainable and are leading us to the same situation as in the 1990s if things don't change?
