Mr. Speaker, speaking in Lima, Peru, in November 2009, the Prime Minister told that gathering that Canada was not going to make the mistake of balancing the books at all costs, even if it meant raising taxes and slashing public spending. These were the mistakes that led to the Great Depression, he told the gathering.
I would like to ask the Prime Minister, if those words are correct, and I think most economists around the world would say that they are correct, does he not now recognize that circumstances have changed once again? The world is on the brink of a major recession, and slowdown is all around us.
What will it take for the government to change course once again?