Madam Speaker, the hon. member in his presentation said that he was quite proud that the government has met the deficit reduction target of 3 per cent of GDP in three years. The member stated that beyond 1996-97 the deficit will continue to fall under a Liberal government.
If this is the case why does the Liberal government not set a definite date for arriving at a balanced budget? Why does it not set a definite target? The positive results of setting a definite target will be that businesses will expand and new businesses will start up. That is what creates jobs. A positive effect would be lower interest rates and security for social programs which cannot be provided under this continual overspending.
Why will the government not commit to a definite date for eliminating the deficit?