Mr. Speaker, as members well know, the Government of Canada over the last number of years has instituted a significant reduction in tax revenues, while over the past five years something in the order of $100 billion. We have also simultaneously put the public pension system on a fiscally sustainable basis through to the year 2075.
Unlike America, where it is facing incredible deficits and a fiscally unsustainable system, we, on the other hand, are in a very favourable position vis-Ã -vis almost any other country.