Mr. Speaker, I am very pleased to admit today that, for the year ending March 31, 2003, we had a surplus of $7 billion. We are the only G-7 country to still be in a surplus.
That surplus has gone to pay down the debt. Since we moved into surplus, the government has paid down over $52 billion of our accumulated debt. That is good news for all households in Canada and all Canadians deserve to be congratulated for their effort in making this happen.