Mr. Speaker, the member began by talking about the lowest budget in three years. In fact, the deficit is perhaps about half. The Liberals began their regime with a deficit of about $38 billion which they inflated to about $42 billion for their own political purposes, but the deficit is still at this time only about half of that at $19 billion.
The Liberals also claim that they have brought down interest rates. In fact, the interest rates have come down as a result of market forces. I cannot see how the Liberals can take any credit for this.
However, my concern is if interest rates begin to rise again. The Liberal government has no control over them. What contingency plan does the Liberal government have, if interest rates begin to rise, aside from creating a contingency fund raised by increasing taxes even more and expecting taxpayers to pay for the contingency fund as well?