Mr. Speaker, in its press release announcing a 1/2 percentage point reduction in its prime rate, the Bank of Canada expressed its concern that “important downside risks to Canada's economic outlook...are materializing and, in some respects, intensifying”.
Will the Minister of Finance finally remove his rose-coloured glasses and follow the bank's lead by taking action and using part of the current year's surplus to strengthen the aid package for the manufacturing and forestry sectors? It is not too late to take action.