Mr. Speaker, what we have been saying for a long time is that the responsibility of the government is to create a climate, the right conditions. What I have said is that it has not materialized completely yet and the economic growth has not yet
translated into all the jobs we hope will be created in the next few months and years.
The interest rates are much lower than they have been. They were two points higher than the interest rates in the United States when we took office in 1993. They are now more than two points lower than in the United States after four Liberal budgets. What can I tell you, this is certainly contributing to the right climate.
Inflation is now at less than 2 per cent. Really for the first time in decades we have full control of public finances. This is extraordinary. I do not say that the job is finished. Governing is an ongoing process. I hope we will be continuing to govern for a while.
What I am saying is that what we have achieved has been without putting at risk the social fabric of society. The social fabric of society has been saved and protected and ensured into the future.
This is why I say there is light at the end of the tunnel. We still have important moves to make in the direction we are giving right now to Canadians but there is hope. Let us stop saying all the time that there is no hope. What the young want is for us to let them know that there is hope and that we are going in the right direction.