Mr. Speaker, the people of Canada are very responsible. They know we have a problem with the international increase in the price of oil. The Minister of Finance will be at the IMF and the World Bank in the next few days where all the ministers of finance in the world will be there to discuss the consequences of the increase in the price of oil by the oil producing nations. This where the problems lie at this time.
We hope that this situation will be re-established and the people will understand that when one sector of the economy like that takes too much it could create downward pressure on the economy and create a recession. I hope that everyone will realize how important it is to have international collaboration on that.