Mr. Speaker, the minister's statement does not square with the statements in his budget tabled earlier this week.
His budget shows that higher revenues and lower interest charges were enough to eliminate the deficit on its own without touching the contingency fund. Yet the contingency fund disappeared, the fund that was to go to the debt.
Will the minister answer plainly? Where did his contingency reserve go? If it did not go to the deficit and did not go to the debt, did it not go into new spending?