Mr. Speaker, the member knows very well that there was a two-year gap between our first expenditure reductions and the reductions in transfers to the provinces. The member knows very well that tax points have to be considered and that the federal cuts have been much deeper than the provincial cuts.
He knows very well also that since we took office, we have reduced employment insurance premiums every year. He knows also that we have invested a lot of money in research and development, in job creation and in young people and that we will continue to make investments for the future of Canadians.