When we think about what I'll call fiscal policy, to look at it in the broader context, when we put together our projections for the Canadian economy, we basically take as given what we know about fiscal policy that has been announced either by the federal government or the provinces. We need to factor that into our thinking. So we don't have a judgment as to what fiscal policy should do in a particular way. Our job is very much at the macro level to try to include that in how we see everything else at play affecting the Canadian economy. That is very much how we approach it.
On January 30th, 2008. See this statement in context.