Mr. Speaker, the hon. member talked about the millennium fund. It was announced in the Speech from the Throne, in the budget and it is in the legislation today. It is part of the activities for 1997-98. We made it quite clear that we pay for what we announce. We pay our bills. We tend to pay as we go.
It is not really the accounting issue which the Reform Party has a problem with. The real issue it has a problem with is that we are spending $2.5 billion to improve the lives of students. The Reform Party has a problem with putting money in the hands of those students. That is really the problem.
I will ask the hon. member more of an accounting question. The books close March 31. Adjustments are essentially made in August. At the request of the auditor general those adjustments are audited and scrutinized. Any surplus that comes over and above those adjustments goes directly to the debt, just as it has gone to the deficit year after year after year. Does the hon. member know that? She is arguing about the fact that we are not being transparent. We cannot get more transparent. If our transparency goes beyond the requirements of public accounting, so be it. I will let Canadians judge that.