Mr. Speaker, I would like to congratulate the member from Swift Current again for his presentation on the borrowing authority bill and to get away a little bit from the side issues. I guess they are all important, but to me it is a side issue, whether it affects agriculture per se or affects one region of the country more than another.
I would like to focus on the borrowing aspect of this bill, the authority that it is giving the Government of Canada to borrow
tens of billions of dollars at unknown interest rates, apparently ever on the increase, and the effect that is going to have on the government's budgetary predictions.
I wonder if the member from Swift Current would comment on yesterday's announcement of the three-quarter per cent jump in the Canadian prime and the effect he feels this will have on the government's budgetary predictions.