Mr. Speaker, only one side of this House is talking about cuts. The government is not talking about widespread rampant cuts. What we have talked about is having a budget that is providing stability. Beyond -- I won't get into the details of it because that's one of the rules of the House the public may not be familiar with, that we don't talk about things that are still going through the processes of the committee that happen on the floor later today. But, Mr. Speaker, Restoring Balance is about just that. It's about restoring balance. It's not about cutting things when we don't need to or when we can't. It's about ensuring that we have financial future. We have achieved some of the goals of that already. In the last budget, we had some reductions that resulted in us having a significant surplus, and that got us through a very difficult year of low water among high fire -- and among other various challenges.
Now, again, we're coming forward and saying we are looking to spend all of what we need to on our capital budget so we don't need to take on debt for that. We're expecting to do the same this year as well. And that's all part of Restoring Balance.
Mr. Speaker, we ultimately would like to see our total debt come down. The net debt is a number that I certainly keep an eye on. But, Mr. Speaker, we need to do that in a methodical way. We are in a time of uncertainty, both in the territories but particularly in Canada and, really, around the world right now. And so with that, Mr. Speaker, we need to maintain balance. We want to restore balance. But we want to do it in a way that is reasonable and responsible. Thank you.