Mr. Speaker, I find this funny. I said since 1993 this is what has happened. It has nothing to do with the Conservatives. When they were over here they blamed the Conservatives. Now that they are over there, they blame the Conservatives. Liberal-Tory same old story.
I have a concern that the finance minister is basically using the UI fund as a surtax on his deficit cutting promises. He has said that if the cuts to the Canada health and social transfer are $7.5 billion, he would cut program spending by $9 billion. Revenues in the UI fund will hit $7 billion by the end of this fiscal year and revenues from personal income taxes are up by $4 billion after only11 months, and that is from the Fiscal Monitor .
If the finance minister has not raised personal income taxes, if he claims that he has not touched personal income taxes, why are tax revenues from personal income up by $4 billion? We have the time to handle this and answer it properly, so just take your time and answer it.