Mr. Speaker, building on my colleague's previous answer, I wonder if he could speak to how this budget implementation bill will help to ensure the sustainability of government spending in an effective and efficient manner, particularly since we are both Alberta MPs and recognize that there is concern right now about the price of oil and some of the key revenues generated from that particular commodity.
Certainly, one of the things we have been trying to do in our government is to ensure a balance between economic growth of our natural resource, in the energy sector in particular, and environmental stewardship. I am wondering if my colleague could perhaps expand on some of the measures we have taken that will be further increased by the bill, ensuring the major determinants of economic growth and investments in these sectors, such as our corporate tax regime and certainty in our regulatory process. Could my colleague speak a little bit about certainty in the regulatory process helping to attract foreign direct investment and to sustain operations, one of our key economic growth drivers?
Could he also talk about some of the measures in the bill that will ensure economic diversification, such as the changes to our intellectual property regime and skills training?