Mr. Speaker, I congratulate the hon. member opposite for his presentation this afternoon. I have a question and would appreciate his comments. The budget presented by the Minister of Finance indicated there was a $5 reduction in spending for every dollar increase in revenue.
Would the hon. member care to comment on the fact it would appear that much of the $5 decrease in spending is merely a reduction of spending anticipated by the former Tory government and not a reduction in actual spending.