Mr. Speaker, the government has obeyed the law, number one. Number two, we are in a very volatile economic situation. The IMF has talked about the possibility of much more widespread depression than even we see now outside of our borders.
It is very important that the opposition and Canadians understand that we have to keep our powder dry. We have to proceed with caution. We will reduce EI premiums, as we will reduce income taxes as we will invest in health care as our priorities. We must do that taking into account the international situation. To do otherwise would be irresponsible.