Mr. Speaker, to do a little recap now that we are back in the House, there were three major promises made by the Liberals before they became government.
One was that any tax changes would be revenue neutral. We know that is not true. Two was that there would be a $10 billion deficit, a modest one. We think that will not be true. Three, they said they would balance the budget by the end of their mandate, which we understand from press clippings this week is not the case. The Prime Minister told the press agent that, indeed, it would not be going back to balance.
My question for the Minister of Finance is this. Can he at least tell us what the deficit cap will be in the budget?