Mr. Speaker, I was quite happy to hear the member mention entrepreneurs and entrepreneurship. It is something I know a little about having spent some 22 years as a small business entrepreneur.
What was devastating for entrepreneurship was the progressively increasing interest rates that small business people had to face as a result of growing debt loads and growing deficits during the previous Mulroney government. It was something that did not get written about a lot in newspapers because the devastation that small business and entrepreneurs faced was not something that hit the front pages.
Does the member understand the connection between increasing deficits, increasing debt and high interest rates, and what that did to entrepreneurship and small business people in Canada during the Mulroney years?