Mr. Speaker, the budget presented yesterday by the Minister of Finance is characterized by its balance.
Thanks to the efforts of all Canadians, and the prudent financial management of their government, Canada is in a good position to cope with the slowdown being experienced by the world economy.
Since we became the government, we have put public finances on a healthy footing. We have put an end to 28 years of deficit, and created a budget surplus four years in a row. The resulting savings have enabled us to invest $2.5 billion in other initiatives.
The 2001 budget contains a $7.7 billion investment in national security in Canada, as well as measures to bolster our economy and maintain tax cuts. Additional tax credits for health were also included.
With this budget, the Government of Canada once again is showing that it can be trusted. There is a safe and prosperous future in store for Canadians.