Mr. Speaker, despite the spending cuts announced in the Budget, the government is faced with a substantial increase this year, from $42 billion to $50 billion, in the cost of servicing the debt. This increase is, of course, a direct consequence of our growing cumulative debt. In other words, the debt problem has not been addressed, despite the government's commitments.
My question is directed to the Minister of Finance. Will the minister confirm that even with the spending cuts announced in the Budget, the government's cumulative debt will total nearly $800 billion five years from now?