Mr. Speaker, by the end of the next four years, federal government spending will be 12% of GDP. That is a low over the last four decades. This government has the smallest deficit in the G8 and the smallest debt as a percentage of our economy. Twelve per cent of our economy is federal government spending. In the United States, federal spending accounts for 24%. That means we have a government that is, on a relative basis, half the size of the American government and because of that free enterprise policy, we have catapulted to the front. Forbes magazine says that we are the best place in the world in which to do business.
In the House of Commons on April 4th, 2012. See this statement in context.