Mr. Chairman, yes, we have considered those options. I think having a Deficit Elimination Act or policy was good at the time of division, to make sure that we were not burdening another jurisdiction with debt.
Right now, the federal government essentially placed a deficit limit on us of $300 million. I think, given the size of our budget, our economic activities, that $300 million limit is probably a reasonable target. It is something that we might have set ourselves if the federal government had not put us in that position.
To try now to aim at complete deficit elimination in the future I think would really limit our spending at this time, our spending on a lot of good initiatives. My view now is that we are looking at a cash surplus at least until the end of the 2002-03 year and then we will find ourselves going into a cash deficiency if nothing improves.
I think it is a little bit early to begin to earmark things that we want to reduce or cut back on. My preference is to wait and see what happens with the projected recession, see what happens with our economic development, see if we get a pipeline -- move those decisions further down the road before we decide if we have to look at curtailing some of our spending. Thank you.