Mr. Speaker, my question is about the high, in fact record level of personal debt. It is now $1.66 for every $1 of annual income. This is the debt that individuals in Canada owe.
For all the talk of the Conservatives about how many jobs have been created since the very depths of the recession, which they always use as the starting point, the individual debt has increased. At the same time, the government's debt has increased under the Conservative government, and across the country, in the personal accounts of Canadians.
Why did the budget not try to tackle the personal debt issue that has been increasing over the last several years?