Mr. Speaker, that is untrue. In fact, we had a program review. I was Minister of Industry; I know the facts very well. We reduced the department's expenditures by 50%.
The federal government we has reduced expenditures more than the provincial governments did during program reviews. We have also reduced interest rates, meaning that Canada has now earned the world's respect for its fiscal position. That was very beneficial, not only for us, but for each of Canada's provinces.