Mr. Speaker, will the finance minister admit that the money currently transferred by the federal government is actually money that it has significantly over-collected? The fiscal imbalance is acknowledged by all the premiers of Canada and by all the parties in this House, except the government. If the fiscal imbalance were settled, it would mean the federal government would free up $3.5 billion annually for Quebec alone.
In the House of Commons on June 22nd, 2005. See this statement in context.