Mr. Speaker, in the October statement we brought in not only the largest tax cuts in Canadian history but we announced one of the largest debt reductions. Certainly this was a very important economic statement.
Let me simply challenge the hon. member. The fact is that if one looks at the economic projections over that five year period brought in in October and if one looks at the reserves and the contingency provisions, it is very clear that all spending is taken care of and that the government will not go back into deficit.