Mr. Speaker, I thank my colleague for his speech. I would like to ask him to explain to the House why the Conservatives are suddenly so afraid of deficits. Today is not the first time we have heard this.
The Conservatives are getting all worked up because the government is predicting a deficit, when they racked up $153 billion in debt during their mandate. Furthermore, a Conservative finance minister proposed this strategy to stimulate the economy. They decided to make significant investments as part of what they called Canada's economic action plan.
Now, when this government is talking about doing the same thing, the Conservatives seem to be working themselves into a state because the government has an action plan similar to the one they proposed. Why are they suddenly against deficits now, when they themselves racked up $153 billion in debt during their mandate?