Mr. Speaker, the member for Hamilton Mountain has long been an advocate of the relief of third world debt. As she knows, Canada has been one of the leading supporters of the absolute need of eradicating the debt of countries where people have less than a dollar a day of income and they are still paying out massive amounts for debt service. It makes absolutely no sense.
Under those circumstances, Canada was most concerned over the weekend to learn of the World Bank report which essentially said that debt sustainability did not take into account the volatility of the world economy and, at the same time, that there vulture funds were buying this debt. This is unacceptable. The minister for international development has said it. Canada has said it. This is our position.