Mr. Speaker, I thank the House leader of the Bloc Québécois. I am very happy to know that he will support this motion to extend the sitting period.
However, I want to ask him a question about Bill C-48. During the debate on this bill, he raised the issue of the fiscal imbalance. The argument could be made that it does in fact exist, since various provinces are experiencing major difficulties. Under Bill C-43, we reached agreements with two provinces. As for equalization, we have been able to help all the provinces and fix a number of problems.
There are two problems with the hon. member's suggestion. I would invite his comments.
First, not all the provinces are experiencing difficulties. There are two problems if tax fields are transferred from the federal government in order to balance budgets and eliminate surpluses. I will get to the third problem later.
The first problem is that the Government of Canada must pay down the debt. The tax burden and debt servicing costs are taking money away from hard-working Canadians. That is what happens when we increase services to the public instead of sending more money abroad to service the debt.
The other problem is that some provinces, such as Alberta, are recording huge surpluses. Should we transfer tax fields to these provinces? They should be the ones transferring tax room to the federal government, which is paying down a huge national debt, unlike these provinces. This is a major issue. Albertans should not pay higher taxes or give up what they have earned. That is the problem.
Also, the opposition is not, unfortunately, on this side; it is not the governing party. Perhaps, someday, another party will be in power and it will be recording deficits instead of surpluses due to economic and international issues. Would we then take back these tax fields from the provinces in order to eliminate a federal deficit? This creates a serious problem. The federal government, under Mr. Chrétien, already transferred tax points to the provinces.
That is my question for the member.