Mr. Speaker, on May 4, the Institute for Management Development ranked Canada third in the world in terms of competitiveness for this year. Canada has moved up three places since 2003, when we were ranked sixth.
Our government's good management has something to do with it. Our budgetary prudence, debt reduction and our support for our researchers and research infrastructure have contributed to this success.
I am happy to say that the efforts we have made over the past few years have borne fruit. At the end of the day, all Canadians will benefit from this.