Thank you, Mr. Chair. I just have a couple of questions with regard to clarifying some of the intent of this particular motion or bill. I understand that it is for short-term debt, short-term borrowing, but I would like to know from the Minister, I have some concerns and I’m sure from the previous questions that the Minister has heard from Members that there will probably be some lack of understanding on the part of our residents with regard to this particular bill.
We talk a great deal about our borrowing limit and our debt, the government’s debt, and the fact that we’re close to our borrowing limit and the impact it has on us as we go about our business and spend our money and so on. I would like to know from the Minister and basically to provide some education and information to those of our residents who are listening or who are reading Hansard, will this change to the Borrowing Authorization Act have any impact on our long-term debt.
The other question I have in sort of a larger picture is relative to our fiscal strategy. The Minister has talked often about our fiscal strategy. Will the fact that we are increasing our Borrowing Authorization Act have any impact on our fiscal strategy? Is it going to require that we make some change to our current fiscal strategy? Will it make it easier, will it make it harder for us as we go forward?