Mr. Speaker, I thank my Conservative colleague for her review of the government's stimulus of the economy during and following the 2008-09 great recession. However, I am reminded of an article in The Globe and Mail this past weekend that talked about how billions of dollars were wasted in that stimulus.
This is not meant as a criticism. However, given the member's recounting of the history, I want to ask whether she thinks it would be a good idea to do what was suggested by Martin Shubik, an economist in the United States, and also by Michael Mackenzie here in Canada, which is to have an independent panel that maintains a list of pre-evaluated public works projects. Therefore, if a recession hits and we need to provide stimulus, we would have a list of quality, non-partisan, economically viable projects that are ready for stimulus. Would that be a good way to avoid wasting billions of dollars in the hurried stimulus of the next economic recession?