Mr. Speaker, when we took office in 1993, program spending was $120 billion. That is all of the government spending, apart from interest on the debt. At the end of last year, our program spending was at $119.3 billion, which is $700 million lower than when we took office. This is part of the great economic success that we have had in managing our economy.
In the House of Commons on December 4th, 2001. See this statement in context.