Mr. Speaker, it is a bit rich for the hon. member for Durham to address deficits and debt when the Conservative government added $150 billion to our national debt in the last 10 years. It took a $15 billion surplus and moved it to a deficit position before the great financial recession even set in.
I will state that we are in a very low interest rate environment. My humble advice would be for the government to undertake strategic investments in infrastructure to help grow our economy.
With that, our debt-to-GDP ratio will continue to decline under this government and we will balance the budget, as we have indicated, at the end of the four-year period.