Mr. Speaker, the only people who believe that the previous Conservative government left a surplus are the Conservatives. Canadians are not fools. Make no mistake, the Government of Canada will post a deficit for fiscal 2015-16, which is the result of the Conservative government's actions and inactions. A fiscal monitor for a given month is a snapshot of that time. It does not tell the whole story.
In the House of Commons on February 17th, 2016. See this statement in context.