In the fiscal sustainability report that we released last week, we estimate that the federal government has fiscal room amounting to $29 billion. That could be a mix of tax cuts or an increase in expenditures. Expenditures could be defined as increased transfers to provinces and territories. So there is that amount of fiscal flexibility in the status quo, assuming status quo policies, of course, for all jurisdictions. That's the amount of fiscal flexibility that would be available to the federal government. It could be transfers to provinces. That would significantly improve the situations for provinces and territories.
On October 2nd, 2018. See this statement in context.