Mr. Speaker, yesterday the Bank of Nova Scotia released a report arguing that the “financial arrangements between Ottawa and the provinces are in a mess and need a major overhaul”, and that the government needs to take a holistic approach to solving the issue of the fiscal imbalance.
The Conservative Party has long argued the need to reform the equalization formula and address the fiscal imbalance with a national vision. When will the Prime Minister finally admit that a fiscal imbalance exists and that his government's continuing denial of this serious problem is undermining the relationship among all orders of government?