Mr. Speaker, I might remind the House that the previous Liberal government denied that a fiscal imbalance even existed. This Conservative government is different, however.
Under our fiscal balance plan, we have committed to respecting roles and responsibilities among governments. Budget 2007 clarified and strengthened fiscal arrangements with provinces and territories. In the spirit of open federalism, our 2007 Speech from the Throne committed to formally limiting the federal spending power through legislation.
As the hon. member knows, this takes time, but I can assure the hon. member that we are moving forward to meet this commitment.