Madam Speaker, thank you to the hon. member for the question. I look forward to serving with you on the very important Standing Committee on Industry, Science and Technology. The future of our country is to look at investments in terms of jobs of the future, investments in terms of what we should be doing in genomics and some of the other very important areas of science. Ocean technology is very important in Newfoundland and Labrador.
I welcome your question. I lived through the 1990s as a business person in Newfoundland and Labrador. I have been on the Canadian Chamber of Commerce. I have contributed to the business community of this country. Thank goodness for the Liberal government at the time for setting the parameters in place that allowed for the economic circumstance we had until recent times. If it were not for the previous minister of finance and the previous prime minister of this country, we would not be in such economic good fortunes.
You consider, sir, that over the last while we have now faced one of the largest deficits in our history.