Mr. Speaker, it is precisely because of what is happening in the world that we want to keep in place the caution and the prudent measures that we have put in place.
Perhaps the hon. member has been asleep for the last couple of months. There have been fundamental changes that have occurred worldwide. Russia is virtually without a government. The Japanese banking system is in great difficulty. All of these measures are impinging upon North America and ultimately the Canadian economy.
We want to make sure that the same caution that allowed us to eliminate the deficit, the same caution that saw our productivity rise, continues.