Mr. Speaker, we are one of the very few government's that is reducing its debt. The debt to GDP ratio was 71% when we took office. It is now 61%. That is the strongest drop in the debt to GDP ratio of any industrial country. In four years it will be down to below 58% and it will keep going down. We are the only G-7 country that can say that.
In the House of Commons on June 2nd, 2000. See this statement in context.