Mr. Speaker, when the Liberals were in opposition, they strongly denounced the policy of high interest rates pursued by the former Governor of the Bank of Canada, John Crow. Now the excessive increase of the Bank of Canada rate that we saw yesterday is another sign which shows that nothing has changed.
My question for the Minister of Finance is this: Why did the Liberal Party of Canada promise in the election campaign to redefine the monetary policy, when it is acting exactly like the previous government by obsessively fighting inflation, which has been eliminated, instead of fighting unemployment?