Mr. Speaker, certainly we have been working with our European colleagues. In fact we have been working with them, I and the Prime Minister, for several years now with respect to the European challenges.
The United States dealt with its issues in the fall of 2008 and recapitalized its banks. We dealt with our economic issues in Canada, and now we have secure and solid economic and fiscal fundamentals in this country, the best in the G7.
It is time, and we have encouraged our European allies to move forward, to seize the day and to address the major fiscal issues that they have, without Canadian tax dollars bailing them out, which the Leader of the Opposition suggests.