Mr. Speaker, we are all aware that over the last few months the financial situations have deteriorated in all countries due to the recession.
The fact of the matter is that our deficits in Canada are a third to a quarter of the size of the deficit in the United States, the United Kingdom, Japan. These deficits are affordable. What we are doing is borrowing money at historically low interest rates to help unemployed people, to build infrastructure. That is what we should be doing and what we will continue to do.