There is a point of order by the member for Leduc—Wetaskiwin.
House of Commons Hansard #121 of the 45th Parliament, 1st session. (The original version is on Parliament's site.) The word of the day was affordability.
House of Commons Hansard #121 of the 45th Parliament, 1st session. (The original version is on Parliament's site.) The word of the day was affordability.
This summary is computer-generated. Usually it’s accurate, but every now and then it’ll contain inaccuracies or total fabrications.
Criminal Code Second reading of Bill S-233. The bill proposes making assaults against health care workers and first responders an aggravating sentencing factor. Conservatives emphasize the urgent need for protection against rising violence, criticizing past legislative delays. A Liberal representative welcomes the goals but notes broader government sentencing reforms, while the Bloc Québécois supports the bill while also advocating for increased health transfers to address systemic issues. 8600 words, 1 hour.
Budget 2025 Implementation Act, No. 2 Jean-Denis Garon (Bloc) invokes Standing Order 69.1 to request a separate vote on division 17 of Bill C-31, arguing that its substantial amendments to the Canada Transportation Act are unrelated to the budget. 500 words.
Bill C-30—Time Allocation Motion Members debate a Liberal motion limiting discussion on Bill C-30. Conservative and Bloc MPs criticize the use of time allocation as a tactic to stifle debate and avoid scrutiny regarding national debt. The government defends the move, insisting that expedited passing is necessary to deliver critical affordability measures and economic support to Canadians before the parliamentary summer break. 5100 words, 30 minutes.
Spring Economic Update 2026 Implementation Act Second reading of Bill C-30. The bill implements provisions from the spring economic update. Liberal members argue the measures provide essential affordability supports and infrastructure investment, framing them as fiscally responsible. Conversely, Conservatives characterize the legislation as a collection of short-term gimmicks that fail to address reckless government spending. Meanwhile, the Bloc Québécois and NDP highlight significant gaps, criticizing a lack of support for regional businesses and arguing the current government is taking progressives for granted. 31100 words, 4 hours in 2 segments: 1 2.
Premature Disclosure of a Bill and its Elements to a Third Party Xavier Barsalou-Duval raises a question of privilege, alleging the government leaked legislative details concerning Air Canada to an external party before informing the House, an accusation the Liberals and Conservatives reserve comment on. 700 words.
Ministerial Compliance with Order in Council—Speaker's Ruling The Speaker rules that the government’s failure to table reports from the Canadian Ombudsperson for Responsible Enterprise does not constitute a breach of privilege, as no law or Standing Order mandates their tabling. 800 words.
Mike Lake Conservative Leduc—Wetaskiwin, AB
Mr. Speaker, I would point out that while spending as much money as the government is spending right now, perhaps we could at least maintain quorum in the House of Commons. I do not think there are enough members.
The Deputy Speaker Tom Kmiec
There is a quorum call by the member.
And the count having been taken:
We have quorum.
I will let the Parliamentary Secretary to the Secretary of State for Rural Development continue and finish her comments.
Pauline Rochefort Liberal Nipissing—Timiskaming, ON
Mr. Speaker, I also wanted to point out that I was surprised to see the numbers. In my riding, approximately 28,000 residents will begin benefiting from the new groceries and essentials benefit in July. There are more than 14,000 residents in Nipissing—Timiskaming who qualify for dental care support, more than 12,000 elementary school students benefit from healthy meal programs, and over 10,000 families are receiving the Canada child benefit.
Then there is the very strong support in Nipissing—Timiskaming for the recently announced 13% HST relief on new homes. This measure will help make home ownership more attainable for young people and families seeking to enter the housing market. At the same time, the federal government and the Province of Ontario have announced an $8.8-billion cost-shared infrastructure program over 10 years to support municipalities. This funding will help lower development costs for contractors and home builders while ensuring continued investment in roads, water systems and other housing-enabling infrastructure. These are precisely the kinds of measures that municipalities, builders and organizations, such as the Northern Ontario Home Builders' Association, have been calling for.
I believe I am coming to the end of my speech. I could give several more examples, but I would like to talk about 22 Wing in North Bay and the Northern Ontario Road to Defence. Residents are also seeing that new investments are strengthening Canada's ability to maintain its sovereignty, such as the over-the-horizon radar, which is very important for the town of North Bay.
Taken together, these measures demonstrate how Canada is supporting the residents of Nipissing—Timiskaming and showing that our country is all in for its residents. That matters because the federal government has important responsibilities to protect national security and public safety, to provide support through programs such as the Canada pension plan and old age security, and to provide support to indigenous communities to promote economic stability—
Martin Champoux Bloc Drummond, QC
Mr. Speaker, it is a shame that my colleague from Nipissing—Timiskaming did not have more time. She could have started telling us about her government's support for regional media. Oops, there is none. There is no support for regional media in this economic update, particularly for independent regional TV stations.
I mention this because in her region and nearby, in Abitibi—Témiscamingue, local TV stations broadcasting independent news—probably the last in this region to offer a diversity of voices and information, apart from CBC/Radio-Canada—are at risk of closing because they are not receiving any support from this government.
Once again, Liberal MPs are going to vote for this budget while the regional media are being let down. My colleague is an MP for a regional riding in Ontario. I am certain she is concerned about the fate of the media. I would like to know what she intends to say to the minister or the Prime Minister to convince him to finally come to the aid of the regional media.
Pauline Rochefort Liberal Nipissing—Timiskaming, ON
Mr. Speaker, I share my colleague's concern. It is very important to have local media. In my riding, CBC/Radio-Canada plays a very important role. The support given to local journalists is also important. This program plays an important role in our community with media outlets, such as Le Voyageur. I agree with my colleague's comment. He can count on my support in that regard.
Steven Bonk Conservative Souris—Moose Mountain, SK
Mr. Speaker, we have seen the government, midway through its term, change the definitions of its fiscal anchors. Instead of debt-to-GDP ratio, it is debt-to-deficit ratio.
One thing that I want to get a clear answer on from the member opposite is that, in the G7, Canada is the only country that does not count subnational debt when it is talking about debt-to-GDP ratios. What would the number be if Canada used the same accounting practices as all other countries?
Pauline Rochefort Liberal Nipissing—Timiskaming, ON
Mr. Speaker, I understand the question fully.
I would like to point out to my colleague that the International Monetary Fund is a very important organization. Practically 90% of countries across the world belong to the fund. It plays an important role in comparing economies across the world. What it states, with respect to Canada, is very important. Basically, in April, it stated that Canada, among the G7, is the most fiscally responsible country. It takes a very important position. It speaks strongly about Canada.
There are so many other indicators that we could point to, and that is why I encourage all the citizens from my colleague's riding to read the spring economic update and to see and take good note of the many positive economic indicators.
Bill C-30 Spring Economic Update 2026 Implementation ActGovernment Orders
Winnipeg North Manitoba
Liberal
Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons
Mr. Speaker, I appreciated my colleague's comments on the Canada Strong fund. I think it is a wonderful opportunity for Canadians to invest in Canada. To have that opportunity, I think is something that is being provided for here.
The Conservatives have come out against it. We often hear Conservatives being against the Infrastructure Bank, for example. It is a bank that, along with the federal government, has lured billions of dollars of investment, generated thousands of jobs and had major projects in every region of the country. The contrast seems to be that the current government believes in investing in Canada, in infrastructure and in Canadians, while the Conservatives tend to just want to get out of the way, as they often say.
I am wondering if the member could provide her thoughts on why it is really important that, as a government, we invest in Canadians and in infrastructure.
Pauline Rochefort Liberal Nipissing—Timiskaming, ON
Mr. Speaker, I have two comments. The International Monetary Fund speaks of Canada and its economy as being strong. It truly is the aggregate of the many organizations that work in the economic field. Canada's Infrastructure Bank is an excellent example of that. As I said, there are many other indicators that are in support of all of the various investment actions and tools that the government is taking.
With respect to the wealth fund, the sovereign fund that we have discussed, I do want to point out that it is very important that the design of the funds has not been publicly announced yet. There are consultations that are under way. Just to conclude, there are a hundred different funds across the world. Basically, the government is looking at all of these various funds as it structures what is best for Canada and for Canadians.
Bill C-30 Spring Economic Update 2026 Implementation ActGovernment Orders
La Prairie—Atateken Québec
Liberal
Jacques Ramsay LiberalParliamentary Secretary to the Minister of Public Safety
Mr. Speaker, it is always an honour to rise in the House on behalf of my constituents in La Prairie, Candiac, Sainte‑Catherine, Saint‑Constant, Delson, Saint‑Philippe, Saint‑Mathieu and Kahnawake. This is especially true today as I rise to illustrate what the spring economic update means in concrete terms for the families of La Prairie—Atateken, for our jobs, and for the future of our community.
Let me be blunt: This government is working for the people of La Prairie—Atateken, and the measures announced in the recent economic statement are proof of that.
The world has changed. Trade tensions with our neighbour, geopolitical turmoil such as the war in Iran, and disruptions in supply chains are creating real uncertainty. For the past year, we have been navigating an increasingly fragmented, rapidly changing world. However, what I can say is that, while other countries are retreating as they wait for better days to return, Canada is acting with conviction and resolve, without hesitation.
The spring economic update confirms Canada's fiscal strength, while investing in Canadians where it truly matters. The results speak for themselves. With an $11.5‑billion reduction in the projected deficit, our fiscal position is much stronger than expected. We are managing things well—all spending items have been reviewed—we are spending wisely, and we are focusing on long-term prosperity. Let us recall that, by 2028-29, the deficit will consist only of capital investment. The operating deficit, meanwhile, will have been eliminated. That is what is known as long-term vision.
Let me begin by addressing something that has an immediate bearing on the day-to-day finances of my constituents. The Canada groceries and essentials benefit will support more than 30,000 residents of La Prairie—Atateken so they can buy groceries and essential goods. Payments will go out starting June 5. This support will go directly into the bank accounts of many of my constituents. It is not a promise. It is a cheque.
We also made the national school food program permanent. This means that, year after year, Quebec will now receive its share to ensure that our schools can feed our children. Full bellies help children learn better. My colleague says that Quebec is handling that, but the federal government is also providing funds.
Another measure has to do with bank fees. The government is now capping overdraft fees at $10, thereby strengthening consumer protection. It is these small, cumulative measures that make a real difference in a tight family budget. We have also simplified the application process for the disability tax credit for people with certain long-term medical conditions. For families who have been battling bureaucracy for years, this simplification is a tangible victory. I used to be a family doctor, so I can attest to this.
The government is also extending assistance to people experiencing homelessness and working to ensure that victims of gender-based violence have access to safe housing. Of course, as is the case across the country, there is a shortage of public housing and transitional housing, but we are committed to supporting projects that address this need. Significant budgets are allocated for this purpose through Build Canada Homes, because a strong government is one that leaves no one behind.
I said this during the election campaign, and I will say it again: Housing is a key priority for the government, particularly for La Prairie—Atateken. This economic update clearly demonstrates that. One of the things the government is doing is reducing development charges. The government is also providing GST relief for first-time homebuyers, as well as simplifying rules and modernizing building codes to facilitate the construction of prefabricated and modular housing.
In fact, $7 billion in low-cost financing is being fast-tracked to CMHC so builders can get projects built sooner and get more rental units to market faster. Over the past year, there has been a significant increase in the supply of affordable housing in my region. Given that young families are looking to settle down and that property prices have skyrocketed in recent years, these measures are a lifeline that will help our children find housing close to home, not three hours away.
Our constituency is made up of working people—people who build houses, work in factories and keep the south shore economy going. This economic update recognizes them.
For example, I would like to mention the reduced CPP contribution rate, which will fall from 9.9% to 9.5% on January 1. This represents an annual saving of about $133 for an employee earning $70,000 a year, and equivalent savings for the employer. This is no small matter. For a couple where both partners work, that is nearly $270 more in their pockets each year.
Parents hope that their children will be able to build a stable career on the south shore. For our young people who are about to enter the job market and who are being hit hard by current unemployment rates, the government is launching a national initiative aimed at recruiting, training and hiring between 80,000 and 100,000 new skilled trades workers by 2030-31. These are more than 50 in-demand trades with solid wages, such as electricians, plumbers, carpenters and welders. Now there is a national program to access these trades, and it is going to be funded to the tune of $2 billion over five years.
The spring economic update also offers a long-term vision for Canada's economy, and our region will benefit from it directly. The Major Projects Office will oversee 21 initiatives of national interest that will interconnect, diversify and power our economy. These initiatives will support the creation of 60,000 jobs during construction and generate over $125 billion in new investments.
These infrastructure, road, trade corridor and energy projects will have a direct impact on our region, at the centre of Quebec's economic corridor. Consider, for example, Canada's defence industrial strategy and the proximity of the Saint-Jean military base. Consider, for example, the expansion of the Port of Montreal at Contrecoeur, which is expected to generate $140 million in spinoffs every year, including in my riding. Finally, consider the Saint-Hubert metropolitan airport, launched this week by Minister MacKinnon, which will soon welcome four million travellers a year—
The Deputy Speaker Tom Kmiec
I would remind the hon. member that the names of members or ministers cannot be used in the House. I would invite the hon. parliamentary secretary to consult the Standing Orders. He may continue his speech.
Jacques Ramsay Liberal La Prairie—Atateken, QC
Mr. Speaker, consider the Saint-Hubert metropolitan airport, which was inaugurated this week by the Minister of Transport and will soon welcome four million travellers a year, with major implications for the tourism industry, to name just one.
Canada is buzzing with excitement. That is why the country has attracted more than $100 billion in foreign investment over the past year, a level not seen in nearly two decades. It also explains why we have established some 20 new economic and defence partnerships across four continents.
Canada has also increased its exports to markets outside the United States by $33 billion this year. That means jobs are being created here in Canada, including on the south shore. Some might say we are spending too much, but let us hear what the experts have to say. Canada is on track for long-term prosperity, according to estimates from the International Monetary Fund, which ranks Canada second among G7 nations this year in terms of projected growth.
We are investing in what matters, and we are doing so responsibly. As the member for La Prairie—Atateken, I want to tell my constituents that this economic update demonstrates that the government is working for them with lower taxes, greater affordability, more help with groceries, more accessible housing, jobs for our young people and a clear vision for Canada's economic future, a future that is diverse and focused on buying local. That is what we are delivering.
La Prairie—Atateken is growing, and the government will be there to support its development.
Mike Lake Conservative Leduc—Wetaskiwin, AB
Mr. Speaker, one thing that would help Canada's fiscal situation substantially and would help our national unity situation substantially is if we were allowed to sell our resources from Alberta around the world. Currently, because of policies put in place by this member's government over the last 10 years, oil shipped from Alberta is subject to more rigorous emission standards than oil imported from Saudi Arabia and Nigeria to Canada.
Does the member think it is okay that oil coming from Nigeria, Saudi Arabia or Algeria is subject to less rigorous standards than oil and gas coming from Alberta?
Jacques Ramsay Liberal La Prairie—Atateken, QC
Mr. Speaker, in response to my colleague, I would say that, on the contrary, our government is currently doing a great deal to develop the economy of the western provinces, and I would refer him to the statements made by Danielle Smith, who has welcomed the projects we are launching with Alberta.
That said, there is no conflict here. I think that Canada, as a responsible country, must be concerned about the environment, certainly more than some of the countries my colleague mentioned. I believe we can do better than some of the countries he mentioned. There is no contradiction between building a strong economy and doing so efficiently and in an environmentally friendly way. I believe Canadians understand this and support the plan we are proposing.
Marie-Hélène Gaudreau Bloc Laurentides—Labelle, QC
Mr. Speaker, earlier I dared to speak my mind loud and clear, and I will say it again: One day the government will have to get its house in order and become experts on the “Buy Canadian” policy, among other things. I digress, but it will soon be clear why, as that is my question for my colleague.
How is it that government investments have a direct impact when we have free trade agreements, and how is it that the government is saying to buy Canadian when the goods will be manufactured abroad, in Europe, for example? This is somehow allowed under these agreements. Can we have a clear framework?
The deputy ministers will be appearing before the Standing Committee on Government Operations and Estimates, and we expect them to be clear, straightforward and precise.
Jacques Ramsay Liberal La Prairie—Atateken, QC
Mr. Speaker, I am not sure that I properly understood the question. I understand that it had to do with buying local. I think the government has made its intentions clear on that subject. It took a tremendous amount of work to validate that. It was highly complex.
The government buys a lot. There are a lot of contracts. However, our intention is very clear. We intend to deliver something that will stimulate our local industry and Canadian industry, not only in terms of materials, but also in terms of hours worked here, domestically. I also believe that provisions covering this should be included in the contracts. That is my position. I hope that my government will support it.
Bill C-30 Spring Economic Update 2026 Implementation ActGovernment Orders
Winnipeg North Manitoba
Liberal
Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons
Mr. Speaker, the member made reference to the Red Seal program. It is a program that I believe has a great deal of support. To elevate that program by saying we want more young people to enter these dozens of trades, of skilled, good quality jobs, and that we want 80,000 to 100,000 new workers over the next five years, is a very powerful statement to young people and others.
Could the member expand on that point?
Stephen Fuhr LiberalSecretary of State (Defence Procurement)
Mr. Speaker, I would like to designate Thursday, May 28, as an opposition day.
The House resumed consideration of the motion that Bill C-30, An Act to implement certain provisions of the spring economic update tabled in Parliament on April 28, 2026, be read the second time and referred to a committee, and of the amendment.
Bill C-30 Spring Economic Update 2026 Implementation ActGovernment Orders
La Prairie—Atateken Québec
Liberal
Jacques Ramsay LiberalParliamentary Secretary to the Minister of Public Safety
Mr. Speaker, training the workforce of tomorrow is the cornerstone of this government's economic development. It is fundamental, essential. We have projects, resources and a well-trained workforce. We have to be able to promise those workers jobs. That begins with this training, which takes place not only in the classroom but also on the job, in the actual workplace.
Jasraj Singh Hallan Conservative Calgary East, AB
Mr. Speaker, before I start, I wanted to say that I am going to split my time with my good friend from Oxford, who is literally always behind my back or on my back, but he is a good guy. All jokes aside, I will begin my speech.
We are here today to speak about one of the most expensive economic updates, outside of COVID, in Canadian history. It was more of an update, not a mini-budget, as we saw, and the Prime Minister ran over and over again on the promise that it would not be more of the same. He promised that he would be different from other Liberals or the ones before him, even though he was the one advising them. He was right. He is not the same; he is even worse.
Ever since he became Prime Minister, Canadians' lives have gotten more expensive and more unsafe than they have ever been before. The Prime Minister ran on saying that he would be more prudent and more disciplined when it comes to spending, but he took the gold medal with his first budget for the most expensive and biggest deficit outside of COVID in Canadian history. Then he dropped this update in the spring economic statement, and he gave himself a silver medal for the second-biggest deficit in Canadian history outside of COVID. Canadians' lives got worse.
He said that he would bring back affordability and that he was going to be the guy who could do it. He also said that he could deal with President Donald Trump. Like every other Liberal before him, none of those promises were kept and they will never be kept. In fact, he is the same old costly, broken promises Liberal. This is the same Prime Minister who stood up in the House and said that affordability is the best it has been in a decade. This is the same guy who raised the cost of living by implementing and making sure to keep the industrial carbon tax, which will go up. Under him, food price inflation keeps going up. The cost of food is impossible for people to afford today, which is what leads to 2.2 million Canadians going to a food bank in a single month. Instead of reducing the food bank lines, he increased them. Instead of reducing the cost of food, he increased it.
Liberal taxes and Liberal deficits are what they do and what they have done over the last 11 years. There is no hope in sight that these are going to get any better because they are obsessed with the carbon tax. First, it was the consumer carbon tax that they were obsessed with and now we have the industrial carbon tax and the other carbon tax, which they call the clean fuel standard. All these taxes have made life more and more expensive for Canadians.
The finance minister said that he was going to haul in all the grocery store CEOs back in 2023 and that he was going to tell them what was on his mind and make sure that food prices came down by Thanksgiving 2023. We are heading toward Thanksgiving 2026, and food prices, taxes, costs, the debt and deficits have only gone up. Everything is put on the national credit card, which is why we call it the credit card budget. It is very costly to Canadians because they are the ones who have to foot the bill.
Everyone can remember back in the day when we had a responsible, disciplined Conservative government. Canadians could go to the grocery store and could have one income earner in the home. They could afford groceries and housing. They could get a week's worth of groceries for around $100 to $150, which today in the grocery store does not go very far.
Not only have the Liberals driven out $1 trillion of investment, but they have made it impossible for anyone to invest in Canada, which is why we do not see much competition here. They have put up so much red tape and so many barriers that companies do not want to come here. We all know that in a good free market, competition is a good thing; it drives down the cost of goods. With high Liberal taxes and the high burden of red tape and bureaucracy, companies do not want to invest here, which is why $1 trillion of good Canadian investment, including jobs and everything else, went to the U.S. It is easier to invest there and there is a rate of return that people can see. There is profit there.
This finance minister said he would bring down the cost of food. Absolutely nothing has gone down in cost. In fact, things have only gotten more and more expensive for Canadians. Canada's Food Price Report states that prices are expected to rise 4% to 6%. An average Canadian family of four will pay $17,000 for groceries this year, which is $1,000 more than they paid last year. This is what Liberal taxes do to Canadians and to the goods that we buy.
TD Economics states that grocery prices are over 30% higher than in 2019. In 2025, 9.8 million people lived in food-insecure households and those households included 2.4 million children. This is the highest in Canadian history. This is what high Liberal taxes do. This is what out-of-control deficits do and what debt does to Canadians because they have to foot the bill. It gives them less because when the Liberals increase housing costs and when they increase the cost of everything else, they raise taxes. Now, an average family pays more in taxes than it does in food, shelter and clothing combined. Those are necessities and Canadians have to pay more taxes now because of the current Liberal government. There is no end in sight. As I said before, this update would give the second-highest deficit in Canadian history outside of COVID. It is nothing to brag about. There is no good news in there for Canadians.
We proposed solutions. The finance minister recently said on TV that the Liberals have done enough for Canadians regarding affordability, and he is absolutely wrong. They could have done more. When these guys took 10¢ off in the excise tax on fuel, we said, “That is not far enough.” We proposed to take off 25¢. That would be taking off the GST and taking off the carbon tax, which the Liberals call the clean fuel standard. That would have saved Canadians 25¢ per litre, or $1,200 just this year. That would be real savings as opposed to the Liberals' cut, which is not even $100 of savings for an average family. Now, when summer is about to come, these savings would be realized. People could use that money. They could put their kids into sports. They could put savings away. However, the Liberals will never go far enough to help Canadians. They do just a bit and then they brag about it and say that people should be grateful for it. They could have done a lot more.
While I am on this topic, it is important for us to address what else we could have done. The Liberals could have gotten rid of their “no new pipelines“ bill, Bill C-69. They could have gotten rid of the tanker ban, Bill C-48. They could have gotten rid of the industrial carbon tax. This not only would help get more built here, with jobs in the economy. It would actually help unity in this country. People are more divided than ever under these Liberals today.
We want nothing more on this side than to have unity in this country once again. The Liberals have done the best job they could to separate people by every single demographic possible, whether by regions, industries or skin colour. That is what these Liberals are known for. They like to keep people divided so that they do not get together and they do not vote against them. However, the Conservatives will always have solutions.
Regarding this sovereign wealth fund that the Liberals would create, wealth funds are created with wealth. They are created with assets. They are created with surpluses or with resource revenues. However, these guys decided to do it with debt. Who is going to be responsible for all that? Once again, it is going to be Canadian taxpayers.
We need to end this ridiculousness. We need to get rid of these antidevelopment laws. We need to make sure we start developing here at home so that we are strong here and strong abroad. We need to make sure we bring Canadians together, not tear them apart. This economic update would do none of that. It would keep people divided more than ever. It would make people poorer. It would make taxes go up. It would make costs go up. It would make the debt go up. That would do nothing for Canadians. We would do the exact opposite to bring this country together and give back the affordability and the safety that Canadians deserve in this country once again.
Bill C-30 Spring Economic Update 2026 Implementation ActGovernment Orders
Winnipeg North Manitoba
Liberal
Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons
Mr. Speaker, with respect to the spring economic update, if they reflect on the 2025‑26 projected deficit, they will see that there would be a substantial $11‑billion reduction dealing with that issue alone.
I understand that the Conservatives want to cut and cut. One of the things that I would ask the member opposite, the finance critic, is this. The government has made a substantial commitment to increase military expenditures, bringing it to the 2% level. I would like a clear answer from the Conservative Party. Do the Conservatives support the investment that the Government of Canada would be putting into the military? Do they support the 2% investment and, further to that, growing it to 5%? A simple yes or no would be wonderful.