Mr. Speaker, my question is for the Minister of Finance.
Earlier this week the Prime Minister acknowledged that increasing uncertainty caused by the debate over Quebec sovereignty was hurting the Canadian economy. At the same time the study released by the C. D. Howe Institute points to growing uncertainty about the government's ability to hit its deficit targets, which also hurts the economy.
The C. D. Howe study says the government would have to make further spending reductions of $7.2 billion just to restore confidence in its current deficit projections.
Does the minister accept the C. D. Howe study analysis and is he actively searching for an additional $7.2 billion in spending cuts?