Mr. Speaker, the hon. member's question goes to the heart of the transformation the government intends.
The first step is to shift the core of spending from day-to-day spending, operational spending, to investment spending. In other words, spending that catalyzes investment, particularly investment in the private sector. We will see that through “build Canada homes”. We will see that through the nation-building projects. We will see that through facilities to accelerate private business investments, such as accelerated capital allowances.
The government is putting in place the mechanisms to control operating spending, to shift the rate of growth that has been seen in recent years and reduce it to less than the rate of growth of the economy. It is an effort that will be undertaken across government, including by the Minister of Government Transformation, the Minister of Finance, the President of the Treasury Board, the Minister of National Defence and all ministers of His Majesty's government, to deliver the results that Canadians deserve.