I often repeat three numbers: 20-23-26. Quebec generates only 20 per cent of Canada's wealth; it represents 23 per cent of the population, but it does 26 per cent of government spending in Canada. That's incompatible with good financial health over the long term.

In Quebec, our goal isn't to reduce daycare service - a program the entire world envies - but to make it viable so tomorrow's families can keep benefiting from it.

We have to redesign the finances of the Quebec state to preserve what counts: education, health and families.

I often repeat three numbers: 20-23-26. Quebec generates only 20 per cent of Canada's wealth; it represents 23 per cent of the population, but it does 26 per cent of government spending in Canada. That's incompatible with good financial health over the long term.

I belong to a generation that had so many choices available. In 1970, when [former premier Robert] Bourassa launched the James Bay development project, nobody in Quebec asked whether we had the means to do it. Today could we launch another James Bay? Imagine the debates we'd have? We were a young, rich society with almost no debt. The generation that comes after us, and which will lead Quebec, must also have choices. And for that, they'll need financial manoeuvring room.

I always remind Quebecers: hey, wait a minute - federalism works. If you look at the fiscal arrangements, the economic arrangements, the way the country works, if you compare it to other countries in the world, it's quite advantageous for Quebec.

Not only in Canada but in other countries where we have to rely on immigration for our growth, the question of coexistence of values in communities is important. It has to be dealt with.