Mr. Speaker, we can look at deficits in a number of ways. I look at this as a social deficit that we have had in our country for a number of years. In fact, if we look at the OECD statistics, Canada ranks sixth with respect to social indicators. If we superimpose that with our indigenous population, that rank goes to a staggering and embarrassing 63rd on the list. We are trying to address in part that social deficit with this budget and previous budgets.
With respect to the fiscal deficit my friend talks about, we are walking toward the downward trajectory with respect to the debt to GDP ratio. We are on a very responsible track that balances social needs with economic reality. We have one of the most robust economies in the G7 right now. We have the lowest unemployment rate in 40 years. We have created 600,000 jobs since taking office.
We are on the right track toward addressing social and economic deficits.