OK. First, why has the greater part of the budget not been spent or invested. I prefer “invested” because I see money for small craft harbours to be an investment rather than an expense.
Why is the amount more or less the same from year to year? After all, we are experiencing the economic crisis and the recession at home just as people are elsewhere. I would go so far as to say that we are experiencing it more at home because this situation has been going on for a long time. Why is the largest part of the new money, the $200 million, not being invested mostly in the first year so that it has a greater impact?
I suspect that you have probably got a whole list of requests on your desks, from us as well as from others, and perhaps they all add up to $475 million or $600 million in projects. Why spread the funds over two years when we could be spending most of the money on work in the first year?