Mr. Speaker, since we formed government, we have maintained the spending levels and planned increases while conducting the defence policy review, and we are developing a new policy for Canada, a rigorously costed plan that will put the Canadian Armed Forces on a sustainable footing.
The Conservative rhetoric simply does not match up with the facts. After years of cuts and underspending, we are now in a troubling position where even the status quo of spending on defence will not maintain the status quo of capability. Our new defence policy is going to fix that.