Mr. Speaker, certainly the thrust of the hon. member's question is one we would agree with completely.
As the member knows, at the first federal-provincial finance ministers meeting we discussed that very subject and at the second meeting in Halifax we put a great deal of meat on the bones. In fact we want to develop a common effort between us toward reducing the terrible burden of deficit and debt that the nation suffers from.
We recognize very clearly that there really is only one taxpayer. There is one Canadian who shoulders the burden of federal, provincial and municipal debts. We intend to deal with it jointly.