Mr. Speaker, the previous government, frankly, refused to admit that there was an actual global financial recession going on and had to run very quickly to undertake a number of measures to combat it.
As I said, the Conservatives inherited a surplus from a Liberal government, which is not surprising. We are good stewards of Canada's fiscal situation, and we will continue to be. However, they squandered that. The Conservatives did not prepare right, and they did not make the right investments in infrastructure, in skills training and in the things that matter most to the residents of my riding of Vaughan—Woodbridge. They did not make those investments.
The Conservatives left us a very large deficit, an infrastructure deficit and a deficit in terms of investing in Canadians and their future. We are having to make up for that. We are making tough choices, the right choices, to maintain a strong fiscal position and to reduce our debt-to-GDP ratio. We are making the investments in Canada and in Canadians that they deserve and that will prepare us for the future.