Mr. Speaker, on the contrary, I clearly stated yesterday that Canada is part of the global recession. This recession will continue until the Americans can gain control of the problems in their financial sector.
At the same time, the International Monetary Fund said today that Canada is in a better position than many other countries to combat fiscal turbulence and the global recession and that Canada has solid management of its macroeconomic policies, meaning that the country was healthy as it entered the recession. We, too, have our strengths.