Mr. Speaker, the notion of a fiscal imbalance is an intellectual conceit largely put forward by the party opposite. There is no such thing as a fiscal imbalance. Each level of government has access to revenues. Sometimes they are similar revenues and sometimes they are revenues that are dissimilar. I put it to the hon. member that there is no such thing as fiscal imbalance.
In the House of Commons on October 22nd, 2004. See this statement in context.