Mr. Speaker, pursuant to Standing Order 36, I am pleased to present to the House two petitions signed by residents of York North.
The subject matter of the two petitions is closely related, as they deal with deficit reduction and job creation, the top two priorities of the government.
The first petition draws the attention of the House to the government's red book commitment to reduce the deficit to 3 per cent of the GDP and the fact that we have surpassed that goal.
The petitioners call on Parliament to continue to keep its commitment to Canadians and pursue its deficit action so that the government will reach its deficit target of 2 per cent of GDP by 1997-98.
Mr. Speaker, the second petition draws to the attention of the House that in the past year alone short term interest rates have declined three percentage points and that for the last two and a half years inflation has averaged less than 2 per cent and that by 1997-98 the federal deficit will have been reduced by $25 billion.
The petitioners further draw to the attention of the House that since this Liberal government took office over 600,000 jobs have been created. The petitioners therefore call on Parliament to work diligently to create a healthy environment for jobs and economic growth.