Mr. Speaker, I would like to thank the member for Calgary Shepard for his presentation. I very much enjoyed the allegory and the way he colourfully expressed the shortcomings of budget 2016. It was an excellent presentation.
At the very end of his presentation, he mentioned the difficulties around the challenges when we get into structural deficit. Perhaps the credit counsellors might say that capital deficit is one thing, but that when we get into structural deficit, the financing of day-to-day expenses through borrowing, it is a treadmill that is very difficult to get off and is extremely destructive as public policy.
Would he comment on the difference and on how the government is leading us directly down the road to structural deficit?