Mr. Speaker, if one looks at the reaction around the world as governments have talked about high deficits and high debt and have talked about tax decreases, in fact the money markets have said to get the deficits down and get the debt down. That is very clearly the course we have decided to take.
I must say I find it incredible that the member stands up and simply dismisses reductions in interest rates. I would suggest he go back to his riding and talk to people who have to pay mortgages. He should talk to people who are buying cars and refrigerators. He should talk to people who want jobs. Maybe then he will understand how important it is for ordinary Canadians to have low interest rates.