Mr. Speaker, yesterday, the Parliamentary Budget Officer said that the likelihood of the government's latest plan to balance the budget by 2014 is effectively nil. He forecast an $11 billion deficit in 2015, compared with the government's projected surplus of $2.6 billion. He also concluded that the government's fiscal structure is not sustainable, a view that the C.D. Howe Institute, the TD Bank, and the Bank of Nova Scotia did not disagree with.
How can we trust the government, which just blames others when it has no credible plan?