Mr. Speaker, the member raises a question that is really one of the most difficult of the modern economy which is that because of globalization and because of new technologies a lot of companies are seen maintaining or increasing their profits, not as a result of increasing sales but because they are cutting costs. They are letting people go. Of course this sets in motion a vicious train of events where one company lays off and then others have to.
As a result of this, the government has embarked upon a series of fundamental reforms in its job creation activities. The unemployment insurance reform announced last week deals directly with that question as do a number of the measures in terms of the information highway by the Minister of Industry and of course the very important activities of my colleague, the Minister for International Trade.
At the same time the fact is we have to get a rising economy. That is why when we embark upon deficit reduction we do it in a balanced way. We do not slash and burn.