Mr. Speaker, I wish to acknowledge my friend from Shawinigan. I am sorry, I mean the hon. member for Saint-Maurice—Champlain. When I see him I think of the Right Hon. Jean Chrétien, who of course was the member for that riding for many years.
I want to assure the hon. member that I hold him in high regard. He is a new parliamentarian, an intelligent, articulate man who works hard. He does not have any good ideas, but I have the utmost respect for him nonetheless.
I want to repeat what he said a few moments ago. He said, “We are going to do what we said we would do.” With all due respect, that is not exactly true because that party was elected on a promise that the tax changes announced in Bill C-2 would be revenue-neutral. Unfortunately, it turns out that there will be a $1.7-billion deficit. It is not the Conservatives that are saying so, but the parliamentary budget officer, whom the President of the Treasury Board was quoting earlier.
Could the hon. member explain why he says he is going to do what he promised to do, when in fact there is a deficit where the cost should have been nil?