Madam Speaker, I do not know whether within a minute I can deal with the simple-minded correlation between the issue of tax cuts and proper management of the economy.
It is true that Ontario at this point is experiencing something of a renaissance and that there is a great deal of job creation. However, there is not a correlation with tax cuts. I respectfully submit to the hon. member that that is about as simple-minded a correlation as he is going to find.
In fact Ontario's economy is booming because of a great deal of investment in a knowledge based economy and a great deal of investment in other areas of the economy and its location vis-à-vis the United States. The tax cuts do not necessarily correlate as the hon. member thinks they would.
All that it has done over the course of the period of the premiership of Mr. Harris has been to ratchet up the debt by $20 billion to $30 billion. That $20 billion to $30 billion has to be serviced on an annual basis. Even at the minimal interest rates that we have now achieved by the good management of the federal government, that is still going to add about $1.5 billion in service costs on to the taxpayers of Ontario.