Mr. Speaker, as the hon. member knows, or should know, economic projections are based on private sector forecasts, using the experts in the field. The expertise is in. The Wall Street Journal reported that Canada is “one of the developed world's most stable economies” and said that Canada “outperformed most of its peers in the Group of Seven”.
Christine Lagarde, IMF managing director, said, “Canada, a country with one of the strongest financial sectors in the world.... Canada can teach the rest of the world about how to build a stronger, safer financial system”.
That is the way it works. We are on the right track.