Mr. Speaker, I looked at its forecasts. I hope they are right, but we do not rely on forecasts that we make up ourselves. We take 20 private sector forecasters, we take the average of their recommendations and we ask four private sector modelling firms to run those forecasts through their computers to come with the estimates, which I will present next Monday in the annual fiscal and economic update.
In the House of Commons on October 31st, 2003. See this statement in context.