Mr. Speaker, both levels of government have the same taxing powers, except that the provinces also collect royalties on natural resources and lotteries. I know that there is a great deal of uncertainty. Making forecasts is not an exact science.
We also know that, in the United States, they anticipated a surplus in excess of $200 billion for last year, but they now have a deficit of over $165 billion.
I prefer to make mistakes that result in a surplus rather than a deficit.