Mr. Chair, the amount of the contingency fund is updated in every budget in order to take into account the risks to the economic outlook. Since last fall's update, the downside risks for which the contingency fund was established have materialized to a great extent. We also have a surplus, and last year we had a deficit. With the surplus and the contingency fund, we have enough money for contingencies.
In the House of Commons on May 25th, 2015. See this statement in context.