Thank you, Mr. Chair.
I realize you said you don't normally like to comment on fiscal policy, and I hope I don't tread into that water. For a layperson, it's not always easy to make the distinction, but I think I have a bit of a handle on it. But picking up on this whole discussion, I actually had an occasion last week to have some meetings with manufacturers and producers in my riding, and the whole issue of the strong dollar came up as a real barrier to their continued success.
Going back, you made the comment that keeping this broad, stable, macroeconomic performance was the key target to withstand some of these pressures that we're going to experience. It raised the question for me in the political discussions that have been going on this past week or so about the notion that the government has taken the approach of lowering taxes and trying to create that more stable economic circumstance for the country. Opponents to that approach have suggested that there needs to be more budget surplus by which the government would be in a position to make more robust interventions into backstopping potential economic weakness. From your point of view, which is the better approach?
We have a situation here where government is trying to create a low-tax climate, a business climate that's dynamic, as opposed to the approach that may have been taken in the past, where governments could have a lot of dollars available at their disposal to come and invest in specific interventions in specific sectors.
Could you comment?