Mr. Speaker, as I have said a number of times in the House, at the end of the year, revenues are lower and expenses are higher. That is nothing out of the ordinary. That was the situation in previous years. Now, things are more difficult because of the measures taken by the previous government. It is a different situation. The Conservatives left us with a deficit. That is why we are going to make investments to improve our economic growth.
In the House of Commons on May 30th, 2016. See this statement in context.