Mr. Speaker, I have a question about the fiscal imbalance for my colleague opposite.
The Council of the Federation published a report recommending that equalization payments be increased by $5 billion per year and that another $5 billion be transferred to the provinces. This means that the provinces will get an additional $10 billion every year.
Given the recent announcements about reducing sales and income taxes, and additional investments in defence and prisons, as my colleague across the way pointed out, there is no more money. There is not even a contingency fund.
This leads me to wonder where the new money will come from to correct the fiscal imbalance. Given that there is no more money, there are no sources. And what the provinces want, is money.