Mr. Speaker, the hon. member knows very well that most of the jobs in the country must be created through the activities of the private sector.
If we are in a situation in which interest rates rise at an unacceptable rate or international capital flows become volatile and we are vulnerable to them, we pay the price by not being able to create incentives for job creation.
That is one of the reasons why in the budget we undertook to stabilize the fiscal situation in the country, to make ourselves less vulnerable to those international flows of capital, to be able to stabilize our interest rates and to provide a very effective framework within which the private sector can go about creating jobs.
At the same time, we also believe to parallel that we must invest very seriously in what we call the human deficit, the issue of making sure people have more choices about improving their skills and being able to get beyond simply benefit programs and into active employment programs.
That has been the whole indication and thrust of the reformed proposals the House of Commons committee considered and the recommendations we are now considering for action which we intend to bring in this year.