Mr. Speaker, I thank the hon. member for his question because he raises a very important point. I can tell him that the 1 to 3 per cent range set by the government and the Bank of Canada remains our goal at this time.
Canada paid dearly, perhaps too dearly, in the fight against inflation in the early 1990s. Now that our inflation rate is very low, it is an asset we want to keep. Having said that, I think the range set jointly by the Bank of Canada and the government is appropriate for now.