Mr. Speaker, if the hon. member had been there, he would have noticed a very heavy emphasis being placed on the absolute necessity of focusing on job creation and on the re-establishment of a whole series of programs which the government has brought in on trade and youth employment, as the minister of human resources has just set out.
The basic difference that occurred at that meeting on Wednesday was that we said the deficit reduction was not as the Reform Party would postulate as an end in itself but it was simply a means to greater job creation and that the reduction in interest rates has led to more investment and will lead to more job creation.
The hon. member knows there is a lag time. A year ago interest rates were at 8.5 per cent and are now at 3.5 per cent. There is not an economist across the country who does not say that is the single most important foundation for future jobs.