Mr. Speaker, on February 23 of this year I asked the Minister of Finance to admit that if he provided realistic economic projections in his budget, as a result of that budget the deficit would not go below $30 billion in the third year and would remain close to 4 per cent of GDP. The minister replied: "The answer is quite the opposite. Absolutely we will attain the 3 per cent of GDP".
Yesterday the minister admitted that my original assumption was correct. Will he tell the House why he did not know what he was talking about when he presented his budget projections in February?