Mr. Speaker, certainly not. I am proud to be part of the party of the late Jim Flaherty, who had some wise and sage advice when he advised government that simply because there is a surplus does not mean that we should spend it.
Since the hon. member for Spadina—Fort York wants to quote the Fiscal Monitor, let me quote another paragraph from it. It states “the Government posted a budgetary surplus of $4.3 billion, compared to a surplus of $1.3 billion” in the previous fiscal year.
What is even more galling is that the government does not even have a plan to return to balanced budgets. It has five years of runaway budget deficits with no planned return to balance. When we went into deficit in the worst economic downturn of a generation, we had a plan, and we returned to surplus a year ahead of schedule.