Mr. Speaker, by lowering its key interest rate, the Bank of Canada has just sent a message that it believes the economic slowdown in the United States is going to have a strong negative impact on the Canadian economy. Unfortunately, the Conservative budget does nothing for the manufacturing sector, nothing for forestry workers and nothing for the middle class.
How is it that the Governor of the Bank of Canada understands the scope of the coming economic slowdown, but our Minister of Finance understands nothing?