I believe we are at a stage where we need to make major investments in retooling the Canadian economy. Coming from British Columbia, where the carbon tax and other measures to fight global warming have just been introduced, I would suggest that those are some of the really important areas where we need to do that. If we are entering a period of economic downturn where we could see a growing slack in the employment market, it would be an ideal time not only to use fiscal policy to maintain full employment, but also to make those much needed investments that equip our economy for the future.
On February 25th, 2008. See this statement in context.