Mr. Speaker, my question for the hon. member is the following. It seems to me that in terms of the government's promise on income trusts one of two possibilities exists. First, at the time when the government made the promise, it fully intended not to keep it. Second, it did not understand the situation that income trusts might be problematic and it woke up to the problem much later. In other words, the government was in fact incompetent.
Therefore, either the government was knowingly misleading the Canadian people or it was incompetent. These are mutually exclusive possibilities, so it has to be one or the other. Could the hon. member comment on that.