I am mindful of the fact that the needs of the municipalities vary from region to region, or from province to province. In the case of our Economic Action Plan that was first introduced 13 or 14 months ago, it was very clear that the deadline for projects was the end of March, for two main reasons. This was fairly well-known before the elections in Quebec, perhaps 10 months before the elections were held.
Let me outline these two reasons. First, the goal is to stimulate the economy as quickly as possible. That is a priority. In the past, in the case of our government and the Building Canada plan, or of the previous government and its various programs, sometimes, three years passed before the first grants were available or before an agreement was negotiated with a provincial government. Many of these investments are associated with areas under provincial jurisdiction. We must work with the provinces, not only with Quebec, and we respect that. In the case of the Economic Action Plan, we felt that it was important to move forward and to stimulate the economy as quickly as possible. We do not want to see those who are out of work wait one, two or three years, as has been the case in the past.
The second reason is that we want to return to a balanced budget situation as soon as possible. A project in Niagara Falls was announced. There were funds in a budget that dated back nine years. Billions in infrastructure program funding dated back to 2003, to the previous government.
There have been some municipal changes in Nova Scotia and throughout government as well. They are prepared to spend all of their money. All of the municipalities that requested funding under the stimulus plan maintained at the time they applied that projects were shovel-ready and that they could complete the work by the end of March. I realize that everyone would like to have more time, but we need to stay on schedule with the program. I think that I have answered your question clearly.