First of all, just as a general caution, I'm always wary of one month's figures, or figures for two months, or even for one quarter. I think we have to look at the trend over the full year.
Over the course of the year, we'll have moderate economic growth in Canada and some significant job creation during the full fiscal year. Since the end of the recession in July 2009, Canada has led the way among the industrialized countries in job creation, and 90% of those jobs are in the private sector. This is very important. It shows the economic growth that we've been able to sustain over that time, economic growth that the European zone and the United States have not been able to maintain.
I think your question is really about balance. This is something the eurozone is struggling to achieve.
We are reducing some government expenditures and trying to focus on economic stimulus expenditures that foster job creation and economic growth. At the same time, we also have to have some measures to make sure that we continue to have at least modest economic growth. This is not easy. That's why in this bill we propose to extend the hiring credit for small business. We know it will create hundreds of thousands of jobs, because that's what it did before. That's the balance we try to achieve.