Mr. Speaker, I listened carefully to the comments of the member opposite, and I am confused. The previous Conservative government ran deficits just about every year, and yet Conservatives are now saying that deficits are an awful thing.
Before they were in power, Canada had gone from the worst debt-to-GDP ratio to the best, and debt levels went from being called totally unmanageable to being the best in the G8. Having the best debt levels has been maintained through this process. In fact, when there are reviews of how strong the Canadian economy is relative to its peers, one of the key factors is the investment the Canadian government is making in the Canadian economy, saying that is one of the main factors in why the Canadian economy is doing so well.
Despite the fact that I have confusion about why the Conservatives have suddenly found religion on the issue of deficits after running so many of them when they were in government, my main questions are these. Where would they cut, how would it impact the economy, and would he be willing to shut down the growth of this economy to get what he is looking for?