No, I will take all the time allocated to me. You will learn something. People can learn something at any age, even on the other side of the House.
The government talks about decentralizing but and the only thing they have decentralized is the deficit. They have shipped it out to the provinces, and this is pretty obvious in the case of Ontario and Quebec, where these provinces will assume 71 per cent of the cost of transfers that will no longer be made. There is nothing for jobs in this budget either. They campaigned on the slogan: jobs, jobs, jobs. There were two "jobs" too many. The infrastructures project lasted a year. However, it is now being extended to get ready for the next election, and then they will extend it again. This is like politicians who promise a bridge during every campaign, even when there was no river.
This budget also maintains the privileges of the wealthy. I am thinking of family trusts. The government says it did something about family trusts, and oddly enough, that something will kick in in 1999. The government is giving these people plenty of time to get ready. It is saying: watch out, we are coming, but not right away, there are still plenty of tax loopholes. I suppose the government even points them out. Meanwhile, it claims that it has done something about family trusts.
The same applies to flags of convenience. This is a rare occurrence. Not often do you see senior government officials who own companies. Of course they declare those interests; they do not manage their companies while they are cabinet ministers. However, some companies use flags of convenience, including Canada Steamship Lines, which belongs to the Minister of Finance and whose ships fly a Panamanian flag. This is unusual indeed. The example comes from the top. Taxpayers are told: make an effort, pay your taxes, but this does not apply to me. K.C. Irving also used convenience flags.