Mr. Speaker, all the studies indicate that the federal government surplus is going to reach as yet unattained heights in the years to come. By 2007-08, for example, barring corrective action, over $71 billion will have been accumulated.
Can the federal government deny that, without any particular effort, those in charge of the Government of Canada in five years will find they have astronomical sums available to them? This indeed confirms that, unfortunately, its tax field is too broad for its obligations.