Madam Speaker, the Reform Party member is right when he says that Canada is heading for national bankruptcy. The hon. member is also pretty much on target when he says that the government lacks the will to put some order in its finances.
This lack of political will, as well as the fact that we are obviously heading for bankruptcy, has been quite noticeable since the Liberals took office. Foreign investors are extremely concerned about the state of the federal government's finances. The fact that Canada's economic situation is truly out of control may not be the main reason why Quebec wants to become a sovereign state, but it is certainly one of the reasons. As the Reform member pointed out, this government lacks the will to act.
We can accept the fact that Liberal members rise in this House to say that Canada is the best country in the world. However, with impending bankruptcy looming on the horizon, Canada may not hold that honour for much longer. This reminds me of the captain of the Titanic who, in 1912, said that his ship was the most beautiful in the world and referred to it as ``the unsinkable Titanic ''.
The Titanic sank, but that does not justify the fact that Canada is experiencing very serious problems. The whole world is aware of that, and particularly investors. Yet, this government does not have the political will to correct the situation. This is serious, especially since the government and the minister could take a whole slew of realistic measures to help the economy. However, they simply will not do that. On the contrary, the government is bent on eliminating the debt at the expense of the poor. And that makes this federal regime even more unfair.