Mr. Speaker, it is the degree of conservatism that we are particularly worried about.
Just last week the minister's parliamentary secretary answered a question on rising interest rates by saying: "The outlines in the budget were done very conservatively. These types of considerations, that is higher interest rates, were taken into account".
Does the finance department actually have in place a contingency plan for dealing with the impact of higher interest rates on the budget as the minister's parliamentary secretary has implied?