Mr. Speaker, before question period, I was remarking that there was a number of myths and half-truths that had been propagated by members of the opposition today with respect to the budget implementation act, Bill C-52.
I pointed out that in contrary belief to what the member for Wascana had been advocating, we in fact had spent more days debating this bill than the last two budget implementation bills brought forward by the member for Wascana, when he was minister of finance. To suggest we are not giving adequate debate is absolutely a fallacy.
Let me point out two more points before I sit down and entertain comments and questions with respect to equalization and the formula respecting Saskatchewan.
One of the other fallacies is that members opposite, as well as the Premier of Saskatchewan, suggest that Saskatchewan will get no equalization money next year because of changes made to the equalization formula. That is an absolutely untrue statement. The reason Saskatchewan will receive no equalization dollars next year is because it does not qualify for equalization. Its economy is red hot. It is the third fastest rising economy in Canada. The Premier of Saskatchewan, as well as the public of Saskatchewan, should be proud of that.
Here is one thing that is true. If the previous Liberal government were in power today, Saskatchewan would receive no money in equalization this year. Why? Because the position of the Liberals is not to remove non-renewable natural resources from the equalization formula and, on top of that, put a fiscal capacity cap.
The member for Wascana said that it is not true. These are words echoed by his own leader a month ago on the Mike Duffy Live show. We can check the transcript or the film. He stated that he believed there was no equalization receiving province that should have money that would result in a fiscal capacity higher than a province that paid into it.
Saskatchewan is far better off under a Conservative regime than it ever would be under a Liberal regime.