Mr. Speaker, when I posed a question for the Minister of Finance some weeks ago, on February 10, he gave me what I felt was an unsatisfactory answer. Today I hope I will get a more detailed explanation of what the Conservatives are doing to address our economic crisis and to answer my question.
We have a very serious economic situation and taxpayers expect us to spend their money wisely because it is their money. We need to be very judicious with public funds at a time of economic crisis and a recession, but first we need a government that really understands the nature and the depth of the problem. So far, we have not have had that.
We have a government that started out by saying that Canada would avoid a recession when it was already clear that we were in a recession. Then it acknowledged that it was a recession but just a technical recession, not a real one. Then it was a synchronized global recession, as though that were an explanation for its past inability to understand the fiscal and financial realities that were obvious to other parties. After that, it was a mild recession and now it is a serious recession. I have a lot of concern that we have a government that is wrestling to figure out what is going on rather than how it can help.
I also want to comment on the idea of this being a mild recession. It is insulting to the 300,000 Canadians who have lost their jobs since January 1 and to the almost 15% of young people who are unemployed.
The finance minister said that his analysis that this was a mild recession related to the fact that most people came from other places, including the United Kingdom, that most came on boats, that many came with nothing and that many died as a result of contracting diseases while travelling to Canada. He was painting a picture of everything but covered wagons and horses and buggies, as though that had to do with the human distress that people are experiencing, people whose life-savings are being drained away, people who built small businesses and are now e bankrupt with the assets they were aiming to retire on gone.
The government's response has been completely inadequate. Where is the $1 billion for the mountain pine beetle that was promised? Why did it cut research at a time when our neighbour to the south is increasing it and we need it, not just for the jobs of today but the economy of tomorrow? Why knee-cap green power by killing the wind power incentive at a time when we need to position ourselves as leaders in the new green economy? Why not provide an employment insurance safety net that will actually address the needs of people who have paid into it for many years?