Mr. Speaker, does the Minister of Finance realize that this formula goes against the principles of equalization which consist in measuring the overall provincial tax capacity—and not just part of—and therefore that by adding the amount of $653 million for Quebec this proposal only corrects one quarter of the problem, in the opinion of the Quebec Minister of Finance, Mr. Audet?
In the House of Commons on June 5th, 2006. See this statement in context.