It's about $200 billion, and less than half of 1%. We're increasing spending by some 5%.
We're making a choice to spend money differently. The fact that a thing was decided five, ten, or twenty years ago doesn't mean it's best for 2006.
Yes, I concede that we will do the very best job we can to meet the priorities of Canadians. Some Canadians would have us put all the money into tax cuts and make no new investments. Some Canadians would have us put all the money into new investments. And some Canadians would have us put it all to pay down the debt. We've taken a balanced approach: we're paying down debt, we're increasing investments, and we're cutting taxes. I think that's a balanced approach, which Canadians welcome.