Mr. Speaker, the fiscal imbalance is far from working itself out. Instead, it is getting worse. For example, post-secondary education transfers are much lower than they were 10 years ago. Two reports have concluded that the equalization formula needs to be reviewed. Daycare funding has been slashed. Yet the government expects a $12 billion surplus next fall.
Will the Prime Minister admit that all of these elements are making the fiscal imbalance worse rather than improving it?