Mr. Speaker, I listened very attentively to both the Liberal speakers.
The best security we can offer the children of Canada are parents with a stable income. The greatest threat to the economic stability of a family is the unrestricted power of government to tax away its wealth.
There is an ever rising demand on the revenue dollar to pay the interest on an ever rising debt. When the Tories replaced the Liberals in 1984 they inherited a $200 billion debt from the Liberals. In nine years they added another $300 billion to it. The first budget presented by this government promised to add another $100 billion to that.
When we talk about the security of families and children, that debt is the greatest threat to their security. It is the greatest threat to good long term, well paying jobs for the parents of those children.
I admonish the members who have spoken and also the government. As the demand on the revenue dollar continues to increase to
pay the ever rising interest on our ever increasing debt, the security of the individual family is weakened. The greatest thing we can do is to get spending under control and reduce the amount of money we need to pay the interest on this huge debt.
The greatest transfer of wealth that is going to occur in 1997 is not to the provinces or to individuals in Canada. It is going to be to those we borrowed the money from, to the tune of approximately $50 billion a year.
Would the hon. member care to address his views on the threat that this picture poses to the economic security of families and children in Canada?