Madam Speaker, I was intrigued by the hon. member's comments. He called a more than $50 billion deficit a good news budget.
I could ask a question about the principle of borrowing money from future generations to provide a corporate tax cut that is not needed by corporations that are already doing all right. I could also ask a question about the handing off of environmental assessments for oil and gas projects to oil and gas companies as a fundamentally flawed principle of the government.
Specifically, I want to ask the question that follows. The hon. member mentioned the idea of helping municipalities. Does the hon. member believe that the formula of one-third from the federal government, one-third from the provincial government, and one-third from local government for projects is a good formula, if it precipitates a have-not policy for communities that cannot raise their one-third share? Those are the very communities most in need of help from the government. Does the hon. member believe in that formula which the government still promotes?