Mr. Speaker, an official spokesman for the finance department was quoted in today's newspapers as saying that it would be difficult for his department to bring the Canadian government's annual deficit down below $40 billion. We now understand why they inflated the budget deficit forecast before the holidays.
My question is for the Prime Minister. Does this surprising statement mean that the government has admitted its impotence and does not intend to tackle spending or tax evasion by corporations and wealthy taxpayers?