Mr. Speaker, 30 seconds is not enough time to correct that account of the Mulroney period. Mulroney presided over two majority governments. He had no excuse for ending his two majority terms in office with a $42 billion deficit. When the Liberals took over from Mr. Mulroney, who was in power for eight years, they had to take care of the deficit they inherited. He had no excuse for accumulating such a huge deficit in his eight years in office.
In the House of Commons on February 27th, 2008. See this statement in context.