Mr. Speaker, I would simply point out to the hon. member that last year we cut the premiums by $1.4 billion. That is a real cut. It is real money. In fact since we have taken office the premiums, which were to go to $3.30, have been cut by $4.5 billion a year. In my opinion that is real money.
In the House of Commons on May 28th, 1998. See this statement in context.