Mr. Speaker, I would like to comment on the speech of the hon. member where he talked about the advantages of lower interest rates. There is no question that low interest rates mean significant savings for consumers and businesses. It puts more money into the marketplace.
However, to only zero in on that aspect and to only point out its benefits, is wrong. That is only one sector of the population, only the borrowers of the nation. It is only people who can borrow money, qualify for loans or who already have loans in place. It is not all Canadians. It is not all good news for all Canadians. It is good news for those who have debts. It is also good news for this government because it is lowering the cost of its huge debt which does help all Canadians.
However, because it only benefits the borrowers, what message is the government giving to those who do not have loans and who do not borrow? What are in the policies of the Liberal Party for the pensioners who have had been reduced and have lost their senior age exemption? What about the students who do not have loans and cannot borrow money? What is the government-