Mr. Speaker, right now there is no trust factor. I have been receiving emails from hundreds of my constituents with respect to the current economic crisis, particularly seniors. I am alarmed by the number of seniors who do believe that during this period they will lose their homes. These are hard-working people who provided the foundation for our economy over the past few years and they are seeing it frittered away. They do believe this was a made in Canada recession and they are concerned that there is no contingency fund.
As we all know and as most bankers and economists would point out to average families, we should always have a rainy day fund. Quite frankly, I think we are seeing a monsoon season.