Mr. Speaker, I had several points that I wanted to make but I will restrict myself to one comment in respect to the speech of the member for St. John's West who is trying to tell us about this compassionate budget, this feel good budget and this budget that basically does nothing. I call it an economic statement.
The hon. member says the government is trying to protect the seniors, the helpless and those in need, yet transfers to bankers, to foreign lenders and to rich people are going up by $12 billion. That is reality number one.
With three million seniors that works out to $4,000 a senior that the government is going to transfer to lenders rather than transferring it to the seniors. My question is short. How can this government and this member say that this is a compassionate budget when the money is going abroad? It is going into the pockets of rich people and the government is ignoring the old, the poor and the helpless and the needy.