Mr. Speaker, for years Conservatives have been downplaying the threats facing our economy, insisting, as the Prime Minister just did, that we are somehow an island of stability, fortress Canuck.
In an interview last week the Prime Minister let the truth slip. The Prime Minister admitted that he underestimated the “fragile state” of our economic recovery. He warned that economic turmoil in the United States and Europe should be considered “the new normal”.
If the Prime Minister now admits that the situation is worse than he thought, why is he still stubbornly refusing to take action?