Mr. Speaker, I listened with great interest to the comments of the hon. member.
The previous Liberal government tried to control inflation with 24 per cent interest rates. That now seems to have been the wrong approach. Has the Prime Minister drastically changed his definition of what is right and what is wrong?
I heard this morning that our gross domestic product has only increased by 1.1 per cent in the last year. With the low interest rates, how can he make the comment that the government is on the right track? To me it seems that the gross domestic product has to increase by more than 1.1 per cent.