Mr. Speaker, while others talk about the need for debt reduction, we have done it. We have not only eliminated our deficit, but we have brought down our debt year after year. Each of those seven years that we paid down debt we have led the G-7 in average standard of living. There is a direction correlation.
While we have listened to the Conservative government that came before us talk and talk about getting rid of the deficit, let alone the debt, every year it went the other way. If we are to be known for something, I would much rather be known for exceeding my commitments and my promises than underdelivering them. I would much rather be known for delivering on my words than merely speaking them. I am tremendously proud of the government's record in this regard.