Mr. Speaker, the hon. member for Toronto Centre—Rosedale is a person with an extraordinarily good grasp of global and economic issues who always brings to the House very erudite and insightful comments.
Does he see the new spending that the federal government is committing to, the sparse commitment to tax reduction and the meagre commitment to debt reduction as being negative given the state of the Canadian dollar and the importance of addressing the fundamental issues of lowering debt, lowering taxes and controlling spending in the long term, in terms of fiscal and monetary policy and currency levels? I would appreciate the hon. member's comments because our Canadian dollar has been weakened significantly under this government.