Mr. Speaker, I would first like to congratulate my colleague on his speech on the fiscal imbalance.
At this time, the budget presented by the Conservative Party aims to begin resolving the issue of fiscal imbalance. Solutions are proposed to offset the fiscal imbalance, such as writing a cheque every year. What the Bloc Québécois has been calling for for years, rather, is a tax transfer. As my colleague explained very clearly, this would consist of tax point transfers or GST transfers to the Quebec government. This would place all fiscal responsibility on the Quebec government for planning its future revenue.
Now here is my question. Can my hon. colleague comment briefly or draw a parallel to explain to us the advantages of the formula proposed by the Bloc Québécois, that is, obtaining tax points or GST transfers instead of being given a cheque every year, based on the whim or impulse of the government of the day?