A huge percentage.
It still inherited a big deficit. Three main factors took place that addressed that deficit, one being the GST. The GST was a policy brought in by the former Conservative government, campaigned against by the present government but when it won the election it kept the GST. The second factor was free trade, which is the big reason that today we have a balanced budget. The third factor has to do with the tremendous social cuts over the last 10 years.
Which one of those factors does the member think the present Prime Minister, the then minister of finance, can really take credit for?