Mr. Speaker, in my opinion, the greatest risk for Canada's social programs is the burden of the debt and the interest payments on that debt. When we were elected, the debt was eating up 37 cents of each dollar of tax revenue. We have been able to reduce this to 21% of revenue and we have reduced the debt and the burden of the debt, because that is the best way to save social programs in Canada.
In the House of Commons on November 3rd, 2003. See this statement in context.