Just to recap a few themes, I think it is helpful to control the size of the public sector and to control the size of public sector borrowing. Ultimately, there is competition for talent and labour in the economy, competition for investable funds and competition for capital. There's no doubt that a fairly significant size of government is popular among Canadians generally. We like the services we get, but we also want value for money. I am confident that we could see better value for money in some areas of government activity.
I hesitate to point to the United States when it comes to fiscal management, because their record is not very impressive, but they have a few advantages that we don't. They have the world's reserve currency. They have a very high credit rating as a practical matter, whatever the credit agencies may put in terms of the letters. One thing that is very clear, though, is that the United States has created a tax advantage that it didn't use to have. They could get by with a tax disadvantage and a relatively hostile atmosphere for investment when it came to the tax system because of their large market and because of some other advantages they have.
It would be very nice to see Canada establish an advantage of its own. We need something. We can't rival them for size of market. We can't rival them for some of the hubs of activity in the short run that they have, but we can make it more attractive for businesses to invest that marginal dollar in Canada and for talented people to say they'd rather be on the north side of the border.