Mr. Speaker, I listened intently to the hon. member's speech. He did the same thing all Liberals seem to do: overstate the case on the plus side in the hope that people will believe it and trust they are running the financial ship in a correct way.
Some of the statements he made are not realizable by the average Canadian. He talked about tax cuts. The Canada pension plan has been mismanaged by the Liberals since it was instituted in 1966. The original rates were set too low and there was consequently a huge overrun on the liabilities of the fund. That is now being corrected and it is about time. However it has resulted in a huge increased payment for both employers and employees to try to make up the shortfall.
Actual money in the pocket for most Canadian wage earners is not significantly different from what it was three or four years ago. The actual tax reductions are mostly words. Sure, they have been reduced in some areas but in other areas they have increased. The net result is that there is no more money in the economy. There is no more money in the pockets of people trying to provide for their families.
I would like the hon. member to set the record straight. Let us deal honestly with the Canadian people.