Mr. Speaker, I thank the member for his speech.
Near the end, he said we are part of the global economy and that things are looking grim in Europe and the United States. The budget before us today would slow the economy down, however. It would slow things down because it cuts jobs and spending.
Given the new information on the situation in Europe and the United States that was not available to us in the spring, does he still believe this budget to be adequate?