That's very generous of you. There's a lot to say.
First, I need to remind everyone that the CRA contract my colleague referred to was awarded through a competitive process. It was agreed that the contract would cost $190 million over 10 years, and that's exactly what it cost. If my colleague would like our officials to give her a technical briefing on this particular contract, we'd be happy to do so. From where I stand, it is clear that taxpayers got their money's worth. There's no issue here.
I'd like to come back to my colleague's comment on Canada's fiscal situation. It's important to note that Canada has a AAA credit rating and the lowest debt-to-GDP ratio among G7 countries. The International Monetary Fund, or IMF, has even recognized Canada's approach. In fact, I'd like to quote the IMF managing director, Kristalina Georgieva.
She said, “In the case of Canada, the Canadian authorities have been very decisive to take action in the context of changing relations with their main trading partner.” As well, she said, Canada is focused on growth: “The areas that Canada identified, housing, infrastructure, energy...strategic projects. These are areas...[where] Canada can lift up productivity.” She added, “And then we have countries in the G7 that are in a better position. Germany and Canada stand up in that regard”.
That's why it's important to put things in context when it comes to Canada's fiscal situation. The current context means that Canada needs to invest to increase its productivity, reduce its trade dependence on the U.S. and increase its resilience. That's exactly what we're doing.