Mr. Speaker, I would like to ask a question about a comment which made no sense at all. The hon. member said that the finance minister was walking Canada into a recession. It appears he does not have a clue that this is global.
All countries in the world are slowing down. Indeed, in sharp contrast to the recession of the early eighties and early nineties, everyone under the sun from the OECD to the IMF to the private sector is saying that Canada would perform better than the United States. We are not an island but we are doing better than the United States. How can the hon. member possibly contend that this is in any way a made in Canada recession?