Mr. Speaker, I remember that exchange very well. I went on to talk about the fact that we inherited a $42 billion deficit and at the end of that period it was down. I said that we were now the only G-8 country in surplus. I pointed out the fact that we had a higher level of job creation than the other G-8 countries. I pointed out our low inflation. I pointed out that we were the envy of the industrial world because of the financial turnaround in the country.
In the House of Commons on April 5th, 2005. See this statement in context.