Mr. Speaker, we have come through some very difficult times over the last four or five years. We have seen the world go through a global recession. What we know right now is that although many other countries are struggling with their debt load where it is really out of control, Canada is in the best fiscal position in the G7.
Canada's net debt to GDP ratio was 34.6% in 2012, the lowest among G7 countries. Germany is only second lowest at 57.2%. What we are looking at with this budget is creating more opportunity and more jobs in our economy. With more people who are working, there are going to be more people paying taxes, allowing us to get back to our objective of a balanced budget in 2015.
Since the member in his previous life worked with many companies in Toronto, could he speak more about what these kinds of actions that we are taking will mean to these job creators in our own economy?