Mr. Speaker, I never expected that kind of a response, a speechless Minister of Finance.
This week a group of economists gathered in this building to present their views on the finance minister's budget initiative. A majority noted that the 3 per cent target in two years from now is not good enough. There is a high probability that by then the economy will enter the next recession. Deficits and the debt to
GDP ratio will rise again, just like they did for other governments.
When will the finance minister take account of these concerns and issue a plan for time specific spending cuts that will eliminate the deficit during the present economic prosperity?