I think that's really good news and something to highlight, especially when we're talking about government accountability and transparency. Aligning the budget to better enable accurate estimates is really important, to make your job as easy as possible and to hold us, as a government, accountable.
I also want to talk about the separation in reporting that separates out capital and operating expenses. When I was at the City of Hamilton, we did this exact exercise of separating out operating and capital costs, with a $2.5-billion annual budget.
Everybody who works in business is familiar with this. This is how all businesses do their budgets. It's bizarre that governments haven't done this until now.
In household budgeting, people are very familiar with the differences among their capital expenditures—house, investments, vehicle and things like that—and their day-to-day spending.
My question is, moving forward with that differentiation between capital and operational, how can we make sure that it is as transparent as possible?
How will that impact your evaluation of the government's performance?
