Mr. Speaker, my question is for the Minister of Finance.
I am sure the Minister of Finance would agree with me that the federal government should not act in a way that causes fiscal instability in the provinces. Recently announced changes to the equalization formula pose that very serious threat to a number of provinces. The province of Quebec, for instance, has expressed concerns.
Is the Minister of Finance prepared to review the changes to that formula, given the serious impact it would have on some provinces, with a view to either changing them or ameliorating them in some way so that fiscal stability in the affected provinces can be maintained?