Mr. Speaker, I would like to reassure the leader of the opposition and to tell him that the Government of Canada will be extremely proud to meet the Liberal Party faithful during this weekend's magnificent convention.
Of course, while the unemployment level is still too high to satisfy us, it has nevertheless improved considerably since 1993. We have made a magnificent contribution through three of the finance minister's budgets, which have left interest rates at 3.75 per cent, lower than they have been in 38 years, three points lower than the level in the U.S. The investment climate in Canada has never been better.
Transition toward the new economy is sometimes hard, but there are 600,000 more jobs in Canada today than there were in 1993. In the next few weeks, moreover, we are going to announce some extremely interesting youth employment initiatives, since we are concerned with the employment future of our young people.