Mr. Speaker, the hon. parliamentary secretary just proved that he really is living on a different planet. We have vigorously objected to piecemeal deals, because such deals destroy the very objectives of equalization.
Instead of launching into piecemeal deals with the provinces, as he just did with Newfoundland and Labrador and Nova Scotia, would the Minister of Finance have not been better advised to take advantage of his upcoming budget to announce a comprehensive reform of the equalization system?