I agree.
That's why, for example, $30 million on these billboards would pay for one million bus passes for seniors on pensions. I would think that would really raise the profile of the need for infrastructure and the fact that governments are working together. The $30 million would pay for the salaries of 500 registered nurses for one year. I think that would help identify the need for us to cooperate on health care. There are a lot of alternative uses for these very scarce taxpayer dollars.
My second question is for you, Ms. Ballem, and it is on deploying private capital.
I know your administration is giving some thought on how to best dislodge a lot of private sector money, whether it's sovereign wealth funds, or whether it's the $600 billion sloshing around in Canadian corporate bank accounts right now—largely from corporate tax cuts—that has not been deployed. The disappointing fact in corporate Canada is that we're not seeing the deployment of that the way we thought we might.
I wonder if you can help us to understand your view. You are a major Canadian leader in sustainability in Vancouver. You know the infrastructure needs. I had the privilege of writing the original first cities deal, with Mike Harcourt, when I drafted it and produced it for Paul Martin, then the minister of finance. Vancouver has always been at the forefront.
What's your thinking in terms of how we can best use federal mechanisms, fiscal or otherwise, to get a hold of some of this private capital and deploy it properly for infrastructure needs?