Mr. Speaker, I listened carefully to what our colleague from Ontario said. I think this was his maiden speech in this House. My congratulations. I would, however, like to comment on some of his remarks. I think that he is right when he says that good government should be restored, it should be. Today more than ever, we need very good government, especially when those in power make promises that they do not keep.
He raised another point: economic difficulties resulting from political instability. But he failed to discuss the problem of the debt and the deficit, the economic raiding that has been going on for so long in Quebec and mismanagement, proof of which we now have. While we, in Quebec, have managed to harmonize the GST with our sales tax without getting a penny in compensation from Ottawa, the federal government is about to set up the same system in eastern Canada at a cost of $1 billion.
For the longest time, and particularly since the early 1970s, billions have been devoted to building symbols of Canadian unity, without getting anywhere. But again, they always forget to mention this.
There is simple explanation: Quebec is almost always 25 years ahead of the pack. It was evident in the free trade debate and today again concerning the harmonization of the GST and the PST. Quebec has been asking for many years already that the federal government's spending power be capped, duplication and overlap eliminated and powers decentralized to the provinces. It is starting to happen now. More and more the other provinces are asking for the same thing. Unfortunately, Quebec has moved ahead again and now wants economic sovereignty. Every province will eventually have to become politically and economically sovereign if we want this debt problem to be resolved.
I would like my hon. colleague to tell me something. Soon, by 1997-98, the debt will be $600 billion, $50 billion of which will just be in interest charges. If $50 billion did not have to be paid out in interest charges each year and could be used to create jobs instead, would we not be short of unemployed instead of short of money right now? Would the unemployment problem not be resolved must faster this way than the way the federal government is going about it right now?