Mr. Speaker, the Minister of Finance has listened to the vast majority of economists in this country. They have said very clearly that a tax cut at this particular time would be inappropriate. They have said that a broad base tax cut at this time would not only be inappropriate but would undoubtedly lead to higher taxes later.
I simply ask Reformers to listen to what John McCallum of the Royal Bank said last week. He said that as a result of the actions of this government we are going to see a steadily declining debt to GDP ratio. We are going to give this country the possibility of having tax cuts which the Reform Party is unable to provide.
The vast majority of legitimate economists in this country have simply said that what the Reform Party is suggesting is the road to financial ruin and we will not accept it.