Well, I think, as Bill said, even if you had perfect sequencing, there's no guarantee that a spending decision on a budget will show up in the estimates. Some take a couple of years to get through because of the due diligence process that needs to be considered before it's approved.
Some of the witnesses have recommended that a fall budget would be appropriate, but as Bill mentioned, given that the cut-off date really remains in December, that wouldn't necessarily give you much extra time either. You really would be looking at a budget very early in the fiscal year. That would be doable, but you would lose a lot of precision in terms of your economic and fiscal forecast.
As Bill mentioned, one of the key aspects of the budget is that it's the government's five-year economic plan, so economic and fiscal forecasts are very important and getting the first year—the “in” year—correct is key to your forecast. So if we have a budget towards the end of a fiscal year so it informs the next fiscal year, we'll have more fiscal information that comes through our fiscal monitor, for example. We'll also get to have more recent economic data, to provide a very good snapshot of where we are economically and fiscally, to present that plan going forward.