Mr. Speaker, I do not have the exact figure in front of me of the debt created by the Liberal government that we have been successfully paying off, but I can tell members that our commitment in 2011 was to balance the budget. We are on track to do that. We made that commitment to Canadians. We made a clear commitment that we were going to balance the budget without raising taxes, without picking the pockets of hard-working Canadians, and that we would make sure that the transfers to the provinces and territories, which were grossly slashed under the Liberal regime, were not touched or affected. In fact, we have not only maintained those payments, we have increased them to record levels. In doing so, our federal government has forged strong partnerships with the provinces and territories to make sure that each region in this country has the best opportunity to take care of Canadian families.
We know what it takes to make sure that hard-working Canadian families are able to receive the maximum benefit and that they have the freedom and flexibility to do what they want with the money they earn and help recirculate it back into the economy. They can set their own priorities for their own needs. It is our government that will continue that track of low taxes and balanced budgets. We look forward to bringing that forward by the end of this year.