Mr. Speaker, we had the challenging situation of coming into office after the previous government did not steward our economy effectively. We were left with an understanding that there was a surplus, but we found out that there was a deficit. They miscalculated where we were at.
In my economic and fiscal update, we gave Canadians a clear and transparent understanding. We do not focus on one month. We look at the whole year, and it is quite clear that we are working from a position of a deficit left by the government on the opposite side.