Mr. Speaker, the Reform Party likes to think it has done something new. Essentially it is recommending that we rob the poor to pay the rich.
For anybody who wants to understand what the government has done, let me quote Carl Weinberg of High Frequency Economics, the American expert on what has happened in this country. He said that you can now price Canadian securities on the basis of domestic economic fundamentals rather than slavishly marking up U.S. yields. That is what happened. He said it is a whole new world.
He goes on to say that what is happening in Canada right now is one of the boldest experiments in macroeconomics that has ever been undertaken. It is a sea change in the way we will have to think about this country.