Mr. Speaker, first, we intend to get out of it by doing our best not to plunge Canada into an unneeded, unnecessary election. He wants to fight a recovery. We want to fight a recession.
Let me talk a bit more about how the Liberals claimed they got out of the last recession. What did they do? They took billions of dollars that were placed in the employment insurance plan and placed it against the deficit. Then they went to people who were sick, people on social assistance and the provinces and removed $25 billion from that plan. If we accounted for inflation, think what those dollars would amount to today.
We will not do that. We will not reduce transfer payments to the provinces. We will not raise taxes, as the Liberal leader has said he would do.
During my report to Parliament on the economic recovery act, I mentioned a great deal of things that we would do. These will generate the kinds of incomes and jobs that will help the Government of Canada pay off any deficits that we have.