Mr. Speaker, I would like to begin by welcoming the hon. Minister of Finance to the House. I am sure we will have a lot of fun in the coming weeks.
The Prime Minister made two fundamental commitments to Canadians: one, that the deficit would not go above $10 billion per year; and, two, that any tax increases would be revenue neutral. Unfortunately, neither of those are true and it seems as if we are leaving those commitments in the dust. Therefore, my question for the Minister of Finance is this. How much will these broken promises cost Canadians?