Mr. Speaker, I thank the member for his question.
The Parliamentary Budget Officer was wrong before and he is wrong again. The Parliamentary Budget Officer is saying that the private economic outlook is not a prudent basis for fiscal planning. He is refusing to use projections from the strongest financial sector in the world that has weathered the recession better than any other country. He is saying that is not a prudent basis for economic planning.
If he does not accept it, he can talk to the economists at TD Bank, BMO, CIBC, RBC, Scotiabank, Bank of America, Merrill Lynch, the Conference Board of Canada, Desjardins, the Caisse de dépôt—