I thank you very much because results-focused government is something that's really important, which we want to demonstrate to Canadians. They provided us with a mandate to implement a progressive and ambitious program, and we have to deliver it.
I think that in politics and in government we usually focus on policy assuming that the execution of the policy will go fine, when in fact that usually doesn't happen. We are trying to focus more on execution. There is a new agenda and results committee of cabinet, and a new unit within PCO led by Matthew Mendelsohn, focusing on that, as well as the Clerk himself and the team at PCO. This is a whole-of-government approach that we are working on with each department and agency.
Treasury Board is central to this. There's the flow of new investments through which we have an opportunity to play a role in terms of establishing metrics with the department and measuring results. It's also the stock that is huge, about $250 billion per year. As we work with departments and agencies over a period of time to evaluate that stock, we can really make government a lot more efficient and effective.
For governments at all levels—I believe in Canada, it's around 35% of GDP—simply operating government more efficiently and being more results focused can really make a big difference in terms of the productivity of the country, in terms of wealth and prosperity.
I commend to you a speech I gave this week to 700 executives in the public service at APEX. I commend to you any of my speeches. They're really good.