Mr. Speaker, our upcoming budget will build on our low tax plan for jobs and growth, which has already created over 610,000 net new jobs for Canadians. Our government is working to reduce wasteful and inefficient spending across the government. Before the recession, we paid down debt as we emerged from the fragile global recovery. We are on track to eliminate the deficit in the medium term.
As members know, we want to avoid a debt crisis like the one that has paralyzed other economic zones in other countries.