Mr. Speaker, my question is for the Minister of Finance. It comes from Mr.
Raymond Watts of Surrey, British Columbia and has to do with the chronic inaccuracy of federal revenue estimates.
Allow me to quote Mr. Watts. "History shows that one of the first acts of any new government is to condemn the accounting practices of the previous government. This invariably leads to cries that the deficit is far worse than we thought it was".
Mr. Watts' question is: "Will the government pass into law a standard system of accounts that requires the federal government to issue revenue budgeted forecasts and annual reports in a standard format?"