Mr. Speaker, as usual, the leader of the third party has the wrong figure. We
have not cut transfer payments by 40 per cent. The Minister of Finance can reply to that in detail.
We just had to put the finances of the nation in good order. This is the same leader of a party who was telling us that we were not going fast enough. Remember when we said to the Canadian people we would do that in three years, go to 3 per cent. He wanted to go to 0 per cent in three years. We took three years. Now we have the lowest interest level that we have known in 35 years. All the provincial governments are benefiting from the fact that they pay less on their debts because of the action of this government to put the finances of this country in good order.
By the way, perhaps the leader of the third party should report on the success of his campaign in Alberta against Ralph Klein.