Mr. Speaker, if we look back 20-some years ago to when the party my colleague is a member of was in government, yes, it reduced the deficit, but it did it on the backs of the provinces and territories. It cut transfer payments. I remember in the 1990s in Ontario they were closing hospitals and services. We are not planning to do that. We are planning to grow the economy, transfer money to the provinces and support the entire country.
In the House of Commons on November 29th, 2012. See this statement in context.