Mr. Speaker, I am a homeowner and I have a mortgage on my house. If the roof caves in or the plumbing breaks, I will have to spend money to fix it. My colleague next to me referred to that as an infrastructure deficit. There are simply times when in order to preserve the whole of the investment, we have to make other investments. That is precisely what we are doing.
We inherited a massive infrastructure deficit. In my home province, bridges are falling, infrastructure is deteriorating, water and environmental infrastructure. We had an innovation deficit. Now we are remedying that.
Yes, we have to spend money to do it, but, as has been pointed out a number of times, our debt-to-GDP ratio is going down and we have the best position in the G7 with respect to both overall debt and debt-to-GDP ratio. We are doing it prudently and saving the house.