Mr. Speaker, the Léonard report released yesterday shows that between 1994-95 and 2002-03, the federal government's revenues increased by 45% and its operating expenses by 39%. During the same period, the federal government's transfers to Quebec—to fund health and education—decreased by 7.6%.
Faced with such shocking figures, can the Prime Minister deny that all those years when he was finance minister, he was the prime architect of the fiscal imbalance with which Quebec and the provinces must deal now?