Mr. Speaker, to balance the books as the minister says, he will have to reduce federal spending by $24 billion.
There is no indication in the budget of how that is going to be done or when it is going to be done. In my discussions with lenders and investors last week the one question they all had was when and how is the federal government going to eliminate the deficit and not just reduce it.
I ask the Minister of Finance this question. When and how does the Canadian government plan to eliminate the federal deficit? Will he tell Canadians and Parliament what he is being asked to tell Moody's and investors? When and how?