Mr. Speaker, we have a program which is very well known. We said that this year we will be at 3 per cent of the GDP and we will meet that target. The Minister of Finance set another target of 2 per cent for next year and again we will meet that target.
People are so impressed by the way we are managing the situation that today Canada's interest rates are lower than those in the United States. With the way it is being managed, interest rates have gone down by more than 3 points in one year.
I am delighted with the decision yesterday in Quebec about setting the goal of reducing its deficit. Ours is going down. We will be at 2 per cent. The most important thing is to have a realistic target and meet it.
The Gingrich friends of those in the third party have passed about six bills in the United States about a target and they never met it. Here, we have a short term target that is met. The business community is applauding.