Does the Prime Minister realize that if the government's credit rating is cut in spite of the sustained economic recovery, it is because Moody's was not fooled by the wait-and-see policy of its government, which is content to rely on short-term economic recovery, which passes its deficit on to the provinces, and which lets the $550 billion debt grow by the minute, instead of tackling the real problems? This is the real situation.
In the House of Commons on April 24th, 1995. See this statement in context.