Mr. Speaker, last week, the member for Markham—Unionville said that he thinks that the solution to the eurozone debt is “...putting massive funds into the scene. If the funds are massive enough, that will calm the markets”. Yesterday, his interim leader made the outrageous claim that “any Canadian transfer to the IMF...goes on our books as an asset”.
With such irresponsible economic policies, it is no wonder that the Canadian public relegated the Liberals to the third-party status. The Liberal position is no better than the leader of the NDP's position. He advocates for billions of Canadian tax dollars to be sent to bail out Europe's banks.
This is Europe's debt problem. Europe should act and must not delay.