Madam Speaker, I do not know if I will have time to correct all of the things the member said.
Apparently, the previous government was dragging its feet when it brought into force trade deals with Korea, Honduras, Panama, Jordan, Colombia, Peru, and the European free trade deal, when it negotiated agreements with the EU and the trans-Pacific partnership, and when it launched many other different negotiations. If that was dragging its feet, I do not know what one would say about the previous Liberal government and the fact that there were only three trade deals in force before the Conservatives came into power, at least one of which was signed by a previous Conservative government. Those are the facts that are on the Global Affairs Canada website.
Specifically on the issue of trade exports, the basic economics of it are that trade deficits are exports over imports. We went through a global financial crisis when the Conservatives were in power, in which Canada was significantly less affected relative to many other countries. Obviously, during that period, Canadian consumption was not as negatively affected as consumption was in other countries. The implication of that is that Canadians were doing much better economically relative to other countries.
What we did not have and what Conservatives addressed by the end of their mandate was the fiscal deficit. A fiscal deficit, unlike a trade deficit, is something that has to be paid off. I think the member is trying to conflate the words in a way that is perhaps confusing. Understanding the difference between a trade deficit and a fiscal deficit, we have to be most concerned about a fiscal deficit, and the government is pushing ahead with a policy that creates a massive, totally unnecessary fiscal deficit, which is going to have very significant negative long-term economic implications.