Of course, the member opposite is incorrect, Mr. Speaker. Our intention has always been to balance the budget in the medium term. If the member opposite and her colleagues care to look at the fall economic update, they will see that the deficit in 2015-16 is within the adjustment for risk in the budget. Therefore, it is quite clear that the budget can be balanced during the current term of Parliament.
In the House of Commons on November 27th, 2012. See this statement in context.