Mr. Speaker, the assumptions upon which the member based his question are incorrect. We did not assume an 8 per cent increase in revenues on a normal basis. As has been described there were a number of one shot or unique items which in fact depressed this year's revenues which will not be present. Our revenues are projected to be approximately 17 per cent of GDP which is of course the historical norm in this country.
As well, the interest rate assumptions in our budget are interest rates which at the present time are higher than those in existence or those which are projected.