Mr. Speaker, I will start with more of a comment.
In the last election, the Liberals promised to accumulate no more $25 billion in debt over the next four years. Yet, this budget completely blows that out of the water, by a magnitude of some 300%, by proposing to borrow some $100 billion over the next four years.
Can the member opposite explain such a huge discrepancy, in light of the fact that in the last six months we have not had a radical change in our economic outlook?