Mr. Speaker, I thank my colleague from Louis-Saint-Laurent for his excellent remarks. I was particularly struck in his remarks by the way he itemized the number of broken promises that this budget represents: the broken promise on a limited deficit, the broken promise to small business owners.
However, among the litany of broken promises that the member referred to, there was one that I will ask if he would care to comment on. A key promise that the Liberals made in the election was a return to a balanced budget, and that promise is completely out the window, without any plan that any of us can see for how we are going to return to a balanced budget.
We now have a structural deficit, as opposed to what most Canadians understood as being perhaps some limited borrowing for infrastructure. Would the member like to comment on the danger of structural deficit and the broken promise of a return to a balanced budget?