Mr. Speaker, as I recall it is customary for the Minister of Finance to successfully make his forecasts on a two year basis. Doing that is not a change from the past.
Speaking of economists, Tim O'Neill, chief economist of the Bank of Montreal in today's Toronto Star said:
I don't think they (the government) are going to have any problems avoiding a deficit for the foreseeable future.
He went on to say, as quoted in the National Post :
The tax cuts and the other measures ended up being perfectly timed—