Mr. Speaker, the Leader of the Opposition knows there has been market turmoil in the Asian markets for a period of weeks. In fact last week the situation deteriorated and then came back.
As far as Canada is concerned—in fact as far as North American markets are concerned—our fiscal situation has improved substantially. I am very confident that the structural reforms that are required in Asia to prevent contagion are in place and I feel very confident about the situation in North America and in Canada specifically.